🚨 Bhutan's Bold Bet on Bitcoin: 12,000 BTC Accounts for 40% of GDP, An Astonishing Strategy Ranking Third Globally in Reserves!
Bhutan currently holds approximately 12,000 BTC, which accounts for 40% of the country's GDP, making it the third-ranking country globally in Bitcoin reserves.
It is reported that Bhutan is using mined Bitcoin to offset the decline in tourism revenue and to provide financial support for government spending.
This initiative highlights the country's significant position in the cryptocurrency field and its innovative strategies to address economic challenges.