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Arkham: Citadel Still Mining Bitcoin, Holds About $532 Million in BTC

Is Citadel still mining Bitcoin, and how much BTC does it hold? In a report published on November 12, 2026, at 17:27 (UTC+8), PANews cited Arkham monitoring that indicated the UAE royal-family-linked miner was still operating and held approximately $532 million in Bitcoin.

PANews reported the ownership chain as follows: 2pointzero owns 85% of Citadel, and IHC owns 100% of 2pointzero. The UAE Royal Group owns approximately 61% of IHC; the group is owned by Abu Dhabi royal family member Sheikh Tahnoon bin Zayed Al Nahyan.

The reported BTC holding is a valuation, not a measure of Citadel’s mining costs or profitability. The notice provides no figures for power use, equipment spending or mining output.

Original report (PANews)

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