What is known about Citadel’s mining operation? In a report published on November 12, 2026, at 16:55 UTC+8, Odaily cited Arkham monitoring that indicated the UAE royal-family-linked company was still mining Bitcoin and held Bitcoin worth approximately $532 million. That figure is a valuation of its holdings, not a measure of mining revenue or profit. The report provided no power costs, equipment costs or hashrate figures.
Odaily reported that 2pointzero owns 85% of Citadel and is wholly owned by International Holding Company (IHC). UAE Royal Group owns approximately 61% of IHC; the group is owned by Abu Dhabi royal-family member Sheikh Tahnoon bin Zayed Al Nahyan.