13 February 2026
Al Abraaj Restaurants Group BSC, a listed company on the Bahrain Bourse, has announced its first major endeavor to Bitcoin as a strategic reserve. With the purchase of five Bitcoin, it opens the door to a new era for both the company and the region, positioning itself as a pioneer in crypto innovation. This is not just a strategic move; it is a powerful demonstration of the growing acceptance of digital currencies in the Middle East.
Al Abraaj, a profitable company with an EBITDA of $12,5 million in 2024, sees Bitcoin as a crucial addition to its asset portfolio. This is a smart move in my opinion, especially given the growing interest in cryptocurrencies from institutional investors. By treating Bitcoin as a reserve asset, Al Abraaj is capitalizing on the dynamics of the financial markets and the potential that Bitcoin offers.
The partnership with 10X Capital also lends additional weight to this course. The New York investment firm not only has experience managing treasuries for publicly traded companies, but has also had recent successes with other Bitcoin Treasury initiatives. This adds credibility and potential for Al Abraaj to expand its influence in the market.
The decision to purchase Bitcoin follows thorough research and is in line with the innovative legal framework that the Central Bank of Bahrain offers. Al Abraaj is determined to comply with all applicable laws and regulations, which only increases confidence in this move. The establishment of a Bitcoin Committee with experienced investors and capital market specialists shows that they are serious about the management of these digital assets.
With the growing importance of digital assets, it is essential that companies like Al Abraaj keep their shareholders and stakeholders informed on a regular basis. Transparency in this regard is crucial to building a good relationship with investors and achieving broad support for further growth.
Al Abraaj’s initiative is not only a strategic move for the company, but also for the economic development of Bahrain. By becoming the first publicly traded company in the region to venture into Bitcoin, Al Abraaj is opening the door to a new way of investing for the people of the Gulf region. This could potentially facilitate the inclusion of a wider audience into the crypto space, with even those with only a brokerage account now having access to Bitcoin.
It is interesting to consider how these developments could position the region as a major player in the world of digital assets. It is not just the technology that is evolving, but also the way we think about investments and the role of cryptocurrencies in that.
Why did Al Abraaj decide to purchase Bitcoin?
Al Abraaj acquired Bitcoin as part of a broader strategy to promote innovation and diversification, and to strengthen their asset portfolio in the current financial landscape.
How much Bitcoin has Al Abraaj bought so far?
Al Abraaj initially purchased five Bitcoin, with plans to expand this number in the future.
What is 10X Capital's role in this collaboration?
10X Capital serves as an advisor to Al Abraaj, helping to grow their Bitcoin holdings by leveraging its experience in managing treasury assets for listed companies.
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
