Al Abraaj Group Acquires Bitcoin Treasury in Middle East

Al Abraaj Restaurants Group, a prominent firm in Bahrain, acquired 5 Bitcoins for their treasury, marking their first BTC purchase. The initiative was led by Abdulla Isa on May 19, 2025.

Al Abraaj’s Bitcoin acquisition represents a notable addition to their corporate treasury, modeling a strategy similar to established global peers. This purchase invites comparisons to MicroStrategy’s similar actions and encourages corporate sector interest in digital assets.

Al Abraaj Restaurants Group, a well-established hospitality firm in Bahrain, has acquired 5 BTC for their corporate treasury. This move marks their first foray into Bitcoin as a reserve asset, executed on May 19, 2025.

Chairman Abdulla Isa, leading the Bitcoin Treasury Committee, emphasized Bitcoin’s pivotal role in finance’s future. The group partnered with 10X Capital facilitating this strategic acquisition, highlighting rising Middle Eastern corporate interest in Bitcoin.

“We believe that Bitcoin will play a pivotal role in the future of finance, and we are excited to be at the forefront of this transformation in the Kingdom of Bahrain,” said Abdulla Isa, Chairman, Al Abraaj Restaurants Group B.S.C. “10X is a proven leader in advising and bringing capital to listed Bitcoin Treasury Companies, and we welcome their partnership in helping us build the MicroStrategy of the Middle East.” – Source

The acquisition indicates an increased confidence in Bitcoin as a corporate asset within Bahrain, aligning with innovative regulatory frameworks by the Central Bank of Bahrain. Al Abraaj’s initiative may inspire similar strategies by other regional corporations.

The purchase aligns with global trends where corporations, like MicroStrategy in the United States, allocate treasury funds into cryptocurrencies. Though 5 Bitcoin is modest, it sets a precedent for broader financial diversification.

Al Abraaj’s decision reflects broader technological adoption within corporate finance. By aligning with Bitcoin, the group positions itself as a regional leader, potentially influencing other firms’ attitudes towards digital reserves through strategic applications of blockchain technologies.