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News Explorer — Bhutan Government Holds $750 Million in Bitcoin

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Sep 17, 3:33 pm
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Bhutan Government Holds $750 Million in Bitcoin

Bhutan, known for its involvement in cryptocurrency mining, now holds the fourth-largest government stash of Bitcoin, with over 13,000 BTC valued at $750 million. Unlike other governments, Bhutan's Bitcoin reserves come from its green-powered mining farms, taking advantage of its abundant hydroelectric power. In addition to Bitcoin, Bhutan's state investment arm also holds other cryptocurrencies such as ETH, BNB, MATIC, and USDT.

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