According to @cz_binance, the United Arab Emirates has been mining Bitcoin with government resources "for a while," posted in response to a claim that the UAE is now officially mining BTC. Source: @cz_binance on X, Jan 11, 2026; Source: @Vivek4real_ on X, Jan 11, 2026. For trading relevance, monitor confirmation signals in objective data such as BTC network hashrate, geographic distribution, and miner revenue to gauge any shift in sovereign or regional mining participation, which are regularly reported by the Cambridge Centre for Alternative Finance CBECI and the Cambridge Bitcoin Mining Map, and by Coin Metrics network data. Source: Cambridge Centre for Alternative Finance CBECI and Bitcoin Mining Map; Source: Coin Metrics network data.