UAE Official Hails Bitcoin As 'Key Pillar In Future Finance'

"In a speech at Bitcoin MENA, Mohammed Al Shamsi, representing UAE National Security, framed the current era as a "historical phase" for the global economy, noting the rapid changes reshaping finance worldwide. Bitcoin is no longer merely a "digital asset," Shamsi emphasized, but is now recognized as a "key pillar" in modern financing. Central to this evolution is the role of mining, described as the "beating heart" that underpins network strength, security, and continuity."

"Mining operations today are far beyond 24-hour device management; they represent a fully integrated industry built on energy efficiency, computational accuracy, and scalable infrastructure. The UAE's focus on Bitcoin reflects broader ambitions to establish itself as a hub for digital finance. Shamsi underscored the importance of building a sustainable ecosystem that supports large-scale mining operations while maintaining environmental responsibility. Efficiency, precision, and the capacity for expansion were cited as essential for this next-generation mining infrastructure."

"Recently, The Abu Dhabi Investment Council (ADIC) increased its Bitcoin exposure in Q3 2025, more than tripling its stake in BlackRock's iShares Bitcoin Trust to nearly 8 million shares, valued at $518 million. The move came just before Bitcoin hit a record high and then dropped below $92,000, reflecting ADIC's long-term view of Bitcoin as a digital counterpart to gold within its diversification strategy. Part of Mubadala, ADIC operates with its own mandate and recently strengthened leadership."

UAE officials frame Bitcoin as a foundational element of the modern financial system and identify the current period as a historical phase for global finance. Mining is portrayed as the beating heart of the network, requiring energy efficiency, computational accuracy, scalable infrastructure, and environmental responsibility. The UAE aims to build a sustainable ecosystem that supports large-scale mining while establishing the nation as a hub for digital finance. Institutional commitment intensified as the Abu Dhabi Investment Council tripled its stake in BlackRock's iShares Bitcoin Trust to nearly 8 million shares, signaling a long-term view of Bitcoin as a diversification asset.

Read at Bitcoin Magazine