Bhutan reveals $1.27B in Bitcoin holdings and launches crypto tourism payments, showcasing national-level adoption of digital assets.
Bhutan’s crypto portfolio shows strong Bitcoin backing with altcoin exposure, highlighting a calculated and diversified investment strategy.
Bhutan and Binance enable seamless crypto payments for tourists, supporting over 100 digital currencies across more than 100 local merchants.
Bhutan has made headlines by revealing a $1.27 billion Bitcoin portfolio and launching a national-level crypto payment system. The Himalayan kingdom now holds 12,062 BTC, making Bitcoin its largest crypto asset. At a trading price of $105,492 per coin, the value of Bhutan’s holdings confirms a serious institutional-level commitment. The total portfolio gained 0.71%, reflecting modest returns amid broader market volatility. Ethereum accounts for a part of the holdings, with 656,012 ETH worth $1.65 million. However, ETH declined 0.063%, trading at $2,516.42.
Diverse Holdings Face Market Volatility
Besides Bitcoin and Ethereum, Bhutan’s crypto portfolio includes several altcoins. These smaller tokens show mixed results. PHIL dropped 0.42%, while LNQ fell 1.35%. APU also declined by 0.18%. Moreover, KIBSHI recorded a steep 7.82% loss, despite Bhutan holding 8.889 million tokens. AIKEK fell 1.37%, showing further weakness among emerging assets. However, BOBO defied market pressure with a 3.08% gain, marking a rare bright spot.
The portfolio structure highlights Bhutan’s strategy of using Bitcoin for stability while allocating smaller percentages to riskier altcoins. Consequently, the country's digital asset exposure demonstrates diversification and calculated risk.
Binance Pay Partnership Powers Crypto Tourism
In a landmark move, Bhutan partnered with Binance Pay to transform its tourism payments. The initiative allows visitors to pay for every part of their trip using over 100 cryptocurrencies. This includes Bitcoin, BNB, and USDC.
DK Bank, Bhutan’s digital banking arm, supports this national crypto payment system. More than 100 merchants—including those in remote areas—accept crypto payments through QR codes. These merchants range from airlines and hotels to street vendors and monument operators.
Additionally, the system offers real-time transaction notifications, instant settlements, and zero gas fees. These features remove traditional barriers to digital payments. Richard Teng, CEO of Binance, praised the partnership as a global milestone. He emphasized that this move bridges cultures, drives innovation, and connects global travelers through digital finance.
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