Abu Dhabi-based Citadel Mining continues mining and is associated with 37 addresses holding about 7,239 BTC, worth approximately $486 million at current prices. According to Odaily, Arkham identified the addresses as belonging to Citadel Mining, which is about 85% owned by 2pointzero, a subsidiary of International Holding Company. Royal Group, led by Sheikh Tahnoon bin Zayed Al Nahyan, holds about 61% of International Holding Company. The bitcoin was worth about $532 million when Arkham published the data on Thursday. The holdings belong to a company, not the UAE government.