Bahrain’s Al Abraaj Pioneers Bitcoin Adoption in Middle East Treasury Reserves

In a landmark move for the Middle East, Bahrain’s Al Abraaj Restaurants Group has become the first publicly listed company in the region to allocate Bitcoin to its treasury reserves. This strategic decision underscores the growing institutional acceptance of cryptocurrencies in the Gulf, mirroring trends set by Western giants like MicroStrategy and Tesla. The adoption signals a potential shift in emerging markets' approach to digital assets as reserve holdings. As of June 2025, this development highlights Bitcoin's expanding role in corporate treasury strategies beyond traditional financial hubs, potentially paving the way for broader cryptocurrency integration in Middle Eastern economies. The move reflects confidence in Bitcoin's long-term value proposition amid evolving global financial landscapes.

Bahrain’s Al Abraaj Adds Bitcoin to Reserves in Historic First

Al Abraaj Restaurants Group has become the first publicly listed company in the Middle East to allocate Bitcoin to its treasury reserves. The Bahrain-based firm's move signals growing institutional acceptance of cryptocurrencies in the Gulf region.

While Western corporations like MicroStrategy and Tesla pioneered bitcoin treasury strategies, Al Abraaj's adoption marks a strategic shift in emerging markets. The decision reflects increasing recognition of crypto assets as legitimate hedges against macroeconomic uncertainty.

Nebraska Passes Bitcoin Mining Bill, Awaits Governor’s Signature

Nebraska's state legislature unanimously approved LB 526, a bill introducing light regulations on Bitcoin mining operations. The legislation focuses on managing electrical grid strain rather than environmental concerns, marking a pragmatic approach to crypto infrastructure.

The two-page bill empowers Nebraska to impose rules on mining firms during peak demand periods. Companies must fund grid upgrades if their operations cause overloads and disclose energy consumption publicly. This mirrors broader U.S. trends, with Texas implementing stricter measures following mining-related outages.

As the bill awaits Governor Jim Pillen's signature, it represents a middle ground between unfettered crypto growth and reactive restrictions. The measured approach could position Nebraska as a stable jurisdiction for sustainable mining operations.

Ukraine Moves to Add Bitcoin to National Reserves as Part of Crypto Regulatory Overhaul

Ukraine is finalizing legislation to incorporate Bitcoin into its strategic national reserves, according to parliament member Yaroslav Zheleznyak. The move WOULD place Ukraine among a small group of nations recognizing Bitcoin as an official reserve asset.

The proposed legislation forms part of a broader cryptocurrency regulatory framework being developed in the country. This strategic adoption signals growing institutional acceptance of digital assets at the sovereign level.

Bitcoin Price Prediction 2025: Is BTC Price Heading to $100K?

Bitcoin's price action suggests a bullish trajectory despite recent pullbacks. The formation of higher highs and lows underscores sustained demand, with consolidation phases accumulating liquidity for the next breakout. Market participants remain divided, but technical patterns point toward a potential rally to new all-time highs.

The $75,000 support level has proven resilient, serving as a springboard for incremental gains. Each consolidation phase tightens the spring, setting the stage for volatile upward moves. Historical precedents and on-chain metrics align with the thesis of an impending major leg up.