US EditionBhutan Silently Mines $1.3 Billion in Bitcoin
8 Articles
8 Articles
It is one of the countries with the largest reserves in the world, which has already begun to exploit
Bhutan transforms hydropower into bitcoin and thus positions itself as a geostrategic pioneer in the digital age. How the small kingdom became secretly crypto power. Source: BTC-ECHO BTC-ECHO
Bhutan Amasses World's Third Largest Bitcoin Reserve
Bhutan holds over 13,000 Bitcoin which is equivalent to 40% of GDP The country’s reserves were not seized or purchased but mined Bhutan uses its abundant hydropower (running entirely on clean energy) to mine Bitcoin Bhutan now holds over 13,000 Bitcoin (approximately $1.3 billion), equivalent to 40% of GDP, making it the third-largest government-owned Bitcoin reserve globally after the USA and the UK. This ranking is based on sovereign-held Bitc…
Bhutan has built up $1.3 billion in reserves thanks to its quiet Bitcoin (BTC) mining, which is almost 40% of the country’s gross domestic product. The small… Bhutan Becomes Bitcoin Rich: Its Reserves Are a Thousand Percent of the Country’s GNP
Bhutan Mines 12,000 Bitcoin Using Hydropower Initiatives - Blockchain & Cryptocurrencies Tabloid
Bhutan's investment in sustainable Bitcoin mining amasses over 12,000 BTC, highlighting economic growth potential. The post Bhutan Mines 12,000 Bitcoin Using Hydropower Initiatives appeared first on Blockchain & Cryptocurrencies Tabloid.
Bhutan silently mines $1.3 billion in Bitcoin
Bhutan has emerged as the third-largest government holder of Bitcoin, quietly accumulating 12,062 BTC since 2020, now valued at just under $1.3 billion, as per data from Arkham Intel on June 27. This trove amounts to nearly 40% of the Himalayan kingdom’s gross domestic product (GDP), making it one of the most crypto-exposed nations on earth. Bhutan’s crypto holdings. Source: Arkham Intel Bhutan’s Bitcoin holdings, long kept under wraps, are mana…
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