• 27 September, 2024
Bitcoin Market News

Bhutan Becomes 4th Largest Govt Bitcoin Holding with $780M

Bhutan, a small Himalayan kingdom, is now a major Bitcoin player, holding $780 million worth of BTC, equivalent to 13,011 Bitcoins. According to Arkham Intelligence, Bhutan is the fourth-largest government Bitcoin holder, with its substantial stash acquired through eco-friendly mining operations powered by hydropower. The country’s mining efforts, notably supported by Druk Holdings and a partnership with Bitdeer, are set to expand from 100 to 600 megawatts, reinforcing its green mining credentials.

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