Bhutan’s Bitcoin Reserves Top $1.1B — A Hidden Crypto Powerhouse?
Bhutan quietly holds over 11,600 BTC, worth more than $1.1 billion, through its sovereign investment arm, Druk Holding & Investments 1. That’s nearly 27% of the country’s GDP.
The kingdom has mined Bitcoin since 2019 and recently moved $66M in BTC to Binance, possibly to take profits as BTC crossed $70K 1.
Now, Bhutan’s new economic hub, Gelephu Mindfulness City, plans to build a strategic crypto reserve with BTC, ETH, and BNB 2.
Is Bhutan setting the blueprint for sovereign crypto strategy?
