UAE sits on $344 million unrealized profit from its bitcoin mining operations

TL;DR:

Royal family-linked mining rigs are producing about 4 BTC a day, turning state-backed infrastructure into a steady sovereign bitcoin machine

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.