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Bhutan’s $780 Million Bitcoin Holdings Revealed

Bhutan holds $780M in Bitcoin from mining, surpassing El Salvador. Discover the nation's digital asset strategy and market trends.

by John Darbie
Thu, Sep 19, 2024 4:47am
in Cryptocurrency
• 2 mins read
14.1k
Bhutan's 0 Million Bitcoin Holdings Revealed | FinOracle

Photo: Finoracle.net

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Bhutan's Surprising Bitcoin Fortune

Bhutan, a small South Asian country with a population of around 884,500, has made headlines for its impressive Bitcoin holdings. According to the crypto-de-anonymizing platform Arkham, Bhutan holds more than 13,036 BTC valued at over $780 million. These Bitcoin assets are the result of mining operations conducted by the Bhutanese monarchy’s investment arm, Druk Holdings.

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