"Bhutan Holds Over $1 Billion in Crypto Assets!"
In a surprising move, the Royal Government of Bhutan has emerged as a significant player in the crypto space. Reports reveal that Bhutan currently holds 11,600 Bitcoin (BTC) and 656 Ethereum (ETH), with a total value exceeding $1 billion.
Bhutan leverages its abundant hydropower energy to mine cryptocurrencies, strengthening its economy while adopting cutting-edge technology.
The state-owned company Druk Holdings mines approximately 55 to 75 Bitcoin weekly using global mining pools like AntPool and Foundry. This strategy showcases Bhutan’s innovative use of natural resources to become an integral part of the global crypto economy.
This development is a lesson for countries hesitant to adopt cryptocurrency. Bhutan’s model proves that blending natural resources with modern technology can significantly boost economic growth.
Do you think other countries should follow Bhutan's footsteps? Share your thoughts below!