Al Abraaj Becomes First Mideast Firm with Bitcoin Treasury

by Amanda Lee
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Bahrain-based Al Abraaj Consuming areas Group has made historic earlier by turning into the primary publicly-traded firm all by the Coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary heart East so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as in order so as to add bitcoin to its company treasury. It is a elementary step ahead for regional bitcoin adoption.

On May 15, 2025, Al Abraaj Consuming areas Group, a extensively acknowledged restaurant chain listed on the Bahrain Bourse, launched it had purchased 5 bitcoin (BTC) as a part of a mannequin new treasury methodology. This makes the corporate the primary in Bahrain, the GCC and the Coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary heart East to formally defend bitcoin as a reserve asset.

al abraaj restaurants bitcoin treasury
Al Abraaj affords bitcoin to its treasury — Zawya

It is a rising pattern globally the place companies are treating bitcoin not merely as an funding nonetheless as a long-term retailer of value. Elementary companies like Methodology, Tesla and Metaplanet have already achieved this — and now Al Abraaj is following go efficiently with.

Metaplanet not too methodology as shortly as further added 1,241 BTC to its treasury, boosting the corporate’s holdings above El Salvador’s.

Associated: Metaplanet Overtakes El Salvador in Bitcoin Holdings After $126M Purchase

“Our initiative in route of turning associated related associated associated related related associated related related acceptable related related acceptable related related acceptable related related acceptable related related acceptable associated related acceptable associated acceptable acceptable associated acceptable associated related acceptable acceptable related acceptable acceptable related acceptable related acceptable acceptable associated acceptable acceptable associated related associated associated related associated related acceptable associated acceptable acceptable associated related related acceptable associated related acceptable related associated related acceptable related acceptable acceptable related acceptable acceptable related acceptable acceptable associated associated related acceptable associated related associated associated acceptable associated associated acceptable associated associated acceptable associated associated acceptable associated acceptable acceptable acceptable acceptable acceptable acceptable related acceptable acceptable related acceptable associated related acceptable acceptable related acceptable acceptable related acceptable related related acceptable related related acceptable related acceptable associated related acceptable associated related acceptable related associated acceptable related associated acceptable related associated related associated related acceptable related related acceptable associated related acceptable acceptable acceptable acceptable acceptable acceptable acceptable related acceptable acceptable associated acceptable acceptable associated related acceptable associated related acceptable associated related related associated related acceptable acceptable related related related related acceptable related acceptable acceptable related acceptable related related related related related related associated related related associated related related associated related acceptable related acceptable acceptable related acceptable acceptable related related acceptable associated related associated acceptable acceptable related acceptable acceptable related acceptable acceptable related acceptable acceptable acceptable acceptable related acceptable associated related related acceptable associated related acceptable associated acceptable acceptable associated acceptable related related acceptable related related acceptable related related acceptable related associated acceptable related related associated related related associated acceptable related associated acceptable acceptable related acceptable acceptable acceptable associated relevant related associated relevant applicable related relevant applicable right correct proper right into a Bitcoin Treasury Firm reveals our forward-thinking methodology and dedication to maximizing shareholder value,” talked about Abdulla Isa, Chairman of the Bitcoin Treasury Committee at Al Abraaj.

Al Abraaj’s swap is certainly impressed by Michael Saylor, Govt Chairman of Methodology, the world’s largest company holder of bitcoin. Saylor’s technique of allocating billions to bitcoin has set a mannequin that totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally completely completely totally fully totally different companies — now together with Al Abraaj — are following.

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“We take into accounts that Bitcoin will play a pivotal place in undoubtedly one among many most fascinating strategies forward for finance, and we’re excited to be on the forefront of this transformation all by the Kingdom of Bahrain,” Isa added.

To help its bitcoin initiative, Al Abraaj has partnered with 10X Capital, a New York-based funding agency that focuses on digital property.

10X Capital has a sturdy observe file in bitcoin treasury methods, and undoubtedly not too methodology as shortly as further steered Nakamoto Holdings on a $710 million deal — a extreme of its totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally totally completely completely totally fully totally different.

With 10X’s assist, Al Abraaj seems to be to boost further capital and improve its bitcoin holdings over time to maximise bitcoin-per-share for its patrons. The corporate may even develop Sharia-compliant monetary fashions so Islamic patrons can get publicity to bitcoin in a halal way.

“Bahrain continues to be a pacesetter all by the Coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary coronary heart East in Bitcoin adoption,” talked about Hans Thomas, CEO of 10X Capital. He well-known, with a blended GDP of $2.2 trillion and over $6 trillion in sovereign wealth, the GCC now has its first publicly listed bitcoin treasury firm.

This isn’t solely an obligatory for Al Abraaj — it’s a elementary for the realm. Bahrain has been positioning itself as a fintech hub and Al Abraaj’s swap will encourage further non-fintech companies all by the house to look into bitcoin.

The corporate talked referring to the choice was made after thorough due diligence and is per the foundations set by the Central Financial institution of Bahrain (CBB). Al Abraaj is liable to be totally compliant with all digital asset transaction pointers, together with transparency, safety and governance.

A particular Bitcoin Committee has been widespread to supervise the treasury methodology. It consists {{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{of professional}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} bitcoin patrons, monetary specialists and portfolio managers who will defend hazard, monitor market circumstances and guarantee most attention-grabbing practices in custody and disclosure.

The preliminary buy was 5 BTC, nonetheless Al Abraaj sees this as solely the start. The corporate acknowledged that there are plans in movement to allocate a surprising portion of their treasury into bitcoin over time.

In response to the corporate’s analysis, Al Abraaj is financially sound with $12.5 million in EBITDA in 2024. This sturdy monetary basis affords the corporate the self-importance to hunt out new methods like bitcoin funding.





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