Middle Eastern sovereign wealth funds, like Saudi Arabia’s PIF, are eyeing bitcoin mining due to the region’s energy advantages. Abundant, low-cost energy from vast oil and gas reserves, coupled with investments in renewable sources like solar, provides a competitive edge for energy-intensive mining operations. The PIF’s focus on Vision 2030 drives diversification into tech and digital assets, with bitcoin mining aligning as a high-return opportunity. Strategic partnerships with global tech firms and investments in infrastructure, such as data centers, enhance scalability. The region’s stable climate and government-backed financial firepower further support large-scale mining ventures, positioning funds like PIF to capitalize on the growing crypto market while leveraging energy surplus for economic transformation.