Bhutan, bitcoin
Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin
Bhutan, a Himalayan nation with fewer than 1 million people, has accumulated over $780 million in bitcoin, representing nearly a third of its GDP, through mining operations run by state-owned Druk Holdings.
Bhutan government holds over $700m worth of Bitcoin from mining: Arkham
The Kingdom of Bhutan, a landlocked small sovereign state in South Asia, holds more Bitcoin than El Salvador, and the massive treasury didn't come from seizures or purchases, but from mining the world's top digital asset.
How Bhutan Quietly Built $750 Million In Bitcoin Holdings
As of September 16, 2024, Bhutan's bitcoin holdings have reached $750 million, making it the fourth-largest government holder on Arkham's platform. This positions Bhutan as a significant player in the global cryptocurrency market, especially considering its small population of less than 800,000.
Bhutan Stashes $780M in Bitcoin Worth One-Third of Its GDP
Bhutan’s Bitcoin haul comes courtesy of Druk Holdings, the state-owned entity that has been aggressively expanding its mining operations. Through its partnership with mining giant Bitdeer, Druk Holdings has significantly increased its Bitcoin mining capacity.
Bhutan owns over 13k Bitcoin worth USD 780 mln
Bhutan on Saturday emerged as the fourth-largest Government holder of Bitcoin globally, owning over 13,011 BTC worth USD 780.49 million. According to Arkham Intelligence, a public data application that allows users to analyse blockchain and cryptocurrency activities.
Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin
The mining operations are linked to Bitdeer, which has been expanding mining facilities in the country and aiming for a 600 megawatt capacity by 2025. Bhutan's investment in digital assets is part ...
Bhutan Becomes 4th Largest Bitcoin Holder Among Governments
Arkham revealed that Bhutan holds twice as much Bitcoin as El Salvador, becoming the 4th largest Bitcoin holder among countries.
ViewusGlobal on MSN5h
Visiting Bhutan Just Got Pricier: $200 Tourism Tax Explained!
Starting September 23, the small Himalayan kingdom of Bhutan in South Asia will reopen its borders after a two-year hiatus.
Bhutan PM wants to grow nation’s population with new economic hub
Bhutan hopes to leverage its Gelephu Mindfulness City plan to generate growth and opportunities for the young. Read more at ...
The Week15h
'GDP as the only measure of progress is illogical': Dasho Karma Ura, president, Centre for Bhutan & Gross National
Dasho Karma Ura, one of the world’s leading happiness experts, has guided Bhutan’s unique gross national happiness (GNH) ...
A visit to Bhutan to taste wine from the country’s first vineyards
That man was Michael Juergens, a wine-mad partner at Deloitte who five years ago laid the foundations of the Bhutan Wine Company (BWC) with his partner, Ann Cross. She read a book in high school about ...