UAE sits on $344 million unrealized profit from its bitcoin mining operations

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email UAE sits on $344 million unrealized profit from its bitcoin mining operations Royal family-linked mining rigs are producing about 4 BTC a day, turning state-backed infrastructure into a steady sovereign bitcoin machine By Shaurya Malwa | Edited by Sheldon Reback Feb 19, 2026, 2:50 p.m. Make us preferred on Google The UAD has held onto its bitcoin even as other miners are selling to fund operations. (Saj Shafique/Unsplash modified by CoinDesk) What to know : The United Arab Emirates is sitting on an estimated $344 million in unrealized profit from the 6,782 bitcoin ($454 million) it has produced. The country’s mining operations, tied to Abu Dhabi’s royal family and major partnerships like Marathon Digital’s 250-megawatt project, continue to produce about 4.2 BTC a day. Unlike Western governments, which tend to acquire bitcoin through seizures, the UAE is building a strategic digital reserve by retaining most of the bitcoin it mines. The United Arab Emirates is sitting on roughly $344 million in unrealized profit from its bitcoin BTC $ 66,318.74 mining operations, according to onchain data from Arkham , making it one of the world’s most significant sovereign crypto plays. Wallets tied to the UAE Royal Group currently hold roughly 6,782 BTC valued about $450 million. Excluding energy costs, Arkham estimates the position is deep in the green, reflecting the lower-than-average cost from years of industrial-scale mining compared with open-market buying. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Over the past seven days, the operation has produced some 4.2 BTC a day, suggesting the country’s mining infrastructure remains active despite bitcoin’s recent slide from late-2025 highs and broader volatility across risk assets. The UAE’s mining push dates back to 2022, when Citadel Mining, linked to Abu Dhabi’s royal family through International Holding Company, built large facilities on Al Reem Island. In 2023, Marathon Digital (MARA), now renamed as MARA Holdings, partnered with Abu Dhabi-based Zero Two to develop 250 megawatts of immersion-cooled mining capacity, one of the largest disclosed deployments in the region. In August, when bitcoin traded at higher levels, Arkham estimated the UAE’s mined holdings at closer to $700 million . The latest figures reflect updated wallet tracking and lower market prices rather than major sales, with the most recent notable outflows occurring roughly four months ago. Unlike the U.S. or U.K., whose bitcoin holdings largely stem from asset seizures, the UAE’s stash is the product of sustained mining. By holding most of what it produces, the Gulf nation is effectively converting energy and infrastructure into a strategic digital reserve that compounds over time. In a market where many miners have been forced to sell into weakness to fund their operations, the UAE appears to be doing the opposite, steadily accumulating duing the drawdown. Bitcoin News UAE Bitcoin Mining Di più per voi Zoomex: Precise Systems of Fairness and Transparency by Design Di CoinDesk 31 gen 2026 Commissioned by Zoomex Leggi tutta la storia More For You Why bitcoin’s rare oversold RSI crash signals a long, slow grind ahead By James Van Straten | Edited by Jamie Crawley 1 hour ago History suggests the current move could lead to consolidation around the $60,000 region in the months ahead before the next leg upward. 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