Bhutan, bitcoin
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 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.
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 Becomes Fourth-Largest Bitcoin Holder with $780 Million in Holdings
Bhutan, a small Himalayan nation known for its focus on happiness, has quietly emerged as a significant player in the cryptocurrency world. With $780 million worth of Bitcoin, nearly one-third of its GDP,
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 Reveals Fourth-Largest Government Bitcoin Holdings Worth $750M
Recent findings by blockchain analytics firm Arkham Intelligence showed that the Kingdom of Bhutan ranks fourth globally in terms of government holdings of Bitcoin.
Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining
Bhutan’s growing Bitcoin empire revealed, with over $780 million in BTC acquired through extensive mining operations powered by the nation’s renewable energy resources.
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.
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Bitcoin news: How Bhutan beat El Salvador with 2x BTC reserves
Bhutan surpasses El Salvador in Bitcoin holdings, highlighting diverse national strategies in the rising trend of global ...
Bhutan has twice as much Bitcoin as El Salvador, says Arkham
The South Asian country of Bhutan is apparently a major Bitcoin holder with even more of the cryptocurrency than El Salvador.
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Big-game Bitcoin: MicroStrategy Issues $700 Million Bond to Buy BTC, Bhutan’s Stash Revealed
MicroStrategy’s $700 million bond will fuel its Bitcoin purchases, while Bhutan’s state-backed Bitcoin mining efforts are ...
3 Ways Bitcoin Could Impact The U.S. Economy
What if bitcoin could address national debt, diversify reserves, and stimulate the U.S. industry? New data offers a macro ...