Some media reports and social media platforms have recently circulated news about the Kingdom of Saudi Arabia officially entering the field of Bitcoin mining #BTC走势分析 . However, to verify this news, one must differentiate between strategic investments and direct government mining:
1. Investment through the "Public Investment Fund" (PIF)
The fact is that there are massive movements in this context, but they fall under the category of investment in infrastructure and companies rather than "the state conducting mining" directly as a traditional government activity.
The most prominent steps were the announcement by the American company "TeraWulf" for Bitcoin mining about receiving investments linked to Saudi entities.
There are technical partnerships aimed at localizing high-performance computing technology, of which cryptocurrency mining is a part.
2. Partnership with Mara
This is one of the clearest signals; Marathon Digital Holdings (one of the largest mining companies in the world) has signed an agreement with a publishing company (formerly Nabta) in Saudi Arabia to launch a large-scale mining project with a capacity of up to 250 megawatts.
The goal: exploiting surplus energy and diversifying sources of digital income. The location: these projects often concentrate in areas with an abundance of electrical or renewable energy.
3. The official legislative position
So far, no official statement has been issued by the "Saudi Central Bank" (SAMA) adopting Bitcoin as an official currency or announcing a sovereign government mine as countries like El Salvador or Bhutan have done. The position in Saudi Arabia leans towards cautious regulation and supporting blockchain technologies within Vision 2030, with a general focus on the "digital economy."
In summary
The news is accurate regarding the existence of major projects and international partnerships on the ground in the Kingdom, supported by investment entities linked to the state, but it is not "official mining" in the sense that the state has started accumulating Bitcoin as a strategic cash reserve so far.
