The Royal Group, a prominent UAE conglomerate linked to the Abu Dhabi ruling family, has accumulated approximately 6,450 bitcoins through state-sponsored mining activities, according to data from Arkham Intelligence. This makes it one of the largest sovereign holders of bitcoin in the UAE. As of August 2025, the group's bitcoin holdings were valued at around $700 million, but recent price fluctuations have reduced their worth to approximately $590 million. These digital assets were acquired through Citadel Mining, a publicly listed company under Emirates International Holdings. Citadel Mining operates a substantial 80,000-square-meter mining facility in Abu Dhabi, established in 2022 in collaboration with Phoenix Group, another Emirates-listed mining company.