According to CoinMeta, as monitored by Arkham, 37 addresses under Abu Dhabi's Citadel Mining hold approximately 7,239 BTC, which are valued at around $486 million at current prices. This holding value is lower than the $532 million recorded on Thursday. Citadel Mining is held by 2pointzero, a subsidiary of International Holding Company, with about 85% of the shares, while approximately 61% of the shares in International Holding Company are held by Royal Group under Sheikh Tannon Ben Zayed Al Nahyan. The associated Bitcoin belongs to this company, not the UAE government.