Al Abraaj Becomes First Middle East Public Company to Hold Bitcoin
By: crypto news flash|2025/05/15 18:45:04
0
Share
Al Abraaj’s Bitcoin move underscores Bahrain’s ambition to establish itself as a tech-friendly hub while encouraging other Gulf corporations. With the recent Gulf Summit 2025 focusing on RWA tokenization and regional growth trends, Al Abraaj’s announcement could catalyze broader Bitcoin adoption in the Gulf. The Bitcoin doctrine is spreading across corporations worldwide, with Bahrain-based Al Abraaj Restaurants Group becoming the first publicly listed company in the entire Middle East region to add BTC to its balance sheet. This shows that companies are becoming more confident in holding Bitcoin as an asset class. Over the past few years, the Bitcoin adoption story has mostly been driven by Western companies like MicroStrategy, Tesla, and others, leading the pack. Over the last few years, this doctrine has spread overseas with firms like Metaplanet, a Japan-based publicly listed company, acquiring massive amounts of BTC in a very short time. Inspired by Michael Saylor, Al Abraaj’s move signals the Middle East’s growing interest in crypto as a hedge against inflation and financial uncertainties. For a food sector company to take this step in Bahrain, a nation striving to position itself as a tech-friendly hub, it highlights a significant shift in the region’s perspective on cryptocurrency. This move could encourage more companies in the Gulf region to rethink their Treasury portfolios and gain exposure to Bitcoin and the crypto asset class. Earlier this week, Nasdaq-listed GD Culture Group (GDC) made a similar announcement by committing up to $300 million toward Bitcoin and the Donald Trump-inspired TRUMP (TRUMP) token, as reported by CNF. On the other hand, Bitcoin is increasingly gaining prominence as an accepted asset class by lawmakers. This could speed up BTC’s inclusion in global financial ecosystem moving ahead. Will More Companies Announce Bitcoin Adoption At Gulf Summit 2025 The announcement of BTC purchases by Bahrain-based Al Abraaj Restaurants Group comes just a time when the RWA GULF SUMMIT 2025 happened this week, as highlighted in our previous report. The summit focused on the future of RWA tokenization, highlighted regional growth trends in the Middle East, and discussed global market opportunities. The GULF Summit 2025 convened prominent figures from regulated digital asset exchanges, pioneering RWA institutions, leading Middle Eastern banks, and asset management firms. The event featured an impressive roster of participating institutions, including Emirates NBD, Qatar Financial Centre, OKX, Bybit, HashKey Group, BNB Chain, Ceffu, Plume, Pharos Labs, Plug and Play, Cypher Capital, and more. Over time, the announcement from Al Abraaj Restaurants Group can create a snowball effect for BTC adoption in the Gulf region. Furthermore, apart from corporations, big companies have also started accepting Bitcoins Buy Bitcoin Guide Bitcoin Wallet Tutorial Check 24-hour Bitcoin Price More Bitcoin News What is Bitcoin?
You may also like
Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths
The rebound in BTC prices can make all problems simple.
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
Overview of Important Market Events on June 29
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.
I never expected that the first application of AI x Crypto would be in security auditing
AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.
What is your view on Binance's competitive advantages?
When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?
ETH has entered a non-consensus phase, and the turning point is approaching!
This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
The living space is constantly being compressed.
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths
The rebound in BTC prices can make all problems simple.
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
Overview of Important Market Events on June 29
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
