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Unverified Claims of $740M Bitcoin Reserve by UAE Raise Concerns

Unverified Claims of $740M Bitcoin Reserve by UAE Raise Concerns

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by Giorgi Kostiuk

2 days ago


In August 2025, claims surfaced that the UAE had become the fourth-largest Bitcoin holder with a reserve of $740 million. However, these claims lack official confirmation.

Speculations About UAE's Bitcoin Reserve

The assertion that the UAE has become the fourth-largest governmental holder of Bitcoin is circulating widely in the media. However, no official data or confirmation of this information has been provided so far.

Lack of Government Confirmation

There are no official announcements or data linking UAE's government agencies to this Bitcoin reserve. Government websites, social media of officials, and public blockchain records do not provide evidence for such financial actions.

Lack of Transparency and Consequences

The absence of verified data regarding Bitcoin purchases by government entities raises serious doubts. Typically, governmental cryptocurrency transactions are characterized by open and transparent announcements. This situation underscores the need for verified information to prevent misinformation from affecting cryptocurrency markets.

The claims regarding the $740 million Bitcoin reserve in the UAE have not been substantiated, and there is currently no basis to consider them factual. This situation highlights the importance of transparency in governmental cryptocurrency transactions.

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