Re: Everything you wanted to know about Bitcoin Strategic Reserve
(Royal Group) owns around $700 million worth of BTC through its Catadel mining farm.
Royal Group is a large Abu Dhabi-based conglomerate controlled by Sheikh Tahnoon bin Zayed Al Nahyan. They use a company called Citadel mining farm to mine the cryptocurrency Bitcoin. From there, they can estimate that they have holdings of around seven million worth of Bitcoin. And they consider Bitcoin as a reserve asset.
Royal Group is a large Abu Dhabi-based conglomerate controlled by Sheikh Tahnoon bin Zayed Al Nahyan. They use a company called Citadel mining farm to mine the cryptocurrency Bitcoin. From there, they can estimate that they have holdings of around seven million worth of Bitcoin. And they consider Bitcoin as a reserve asset.