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Bhutan, bitcoin
Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin
Bhutan, nestled in the Himalayas, considers its fewer than 900,000 citizens’ happiness a better measure of the country's well-being than money. It is the second nation after El Salvador to officially hold BTC, in this case as part of the state-owned Druk Holdings fund.
Bhutan Stashes $780M in Bitcoin Worth One-Third of Its GDP
Bhutan’s Bitcoin haul comes courtesy of Druk Holdings, the state-owned entity that has been aggressively expanding its mining operations. Through its partnership with mining giant Bitdeer, Druk Holdings has significantly increased its Bitcoin mining capacity.
Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining
Bhutan’s growing Bitcoin empire revealed, with over $780 million in BTC acquired through extensive mining operations powered by the nation’s renewable energy resources.
Bhutan government holds over $700m worth of Bitcoin from mining: Arkham
The Kingdom of Bhutan, a landlocked small sovereign state in South Asia, holds more Bitcoin than El Salvador, and the massive treasury didn't come from seizures or purchases, but from mining the world's top digital asset.
How Bhutan Quietly Built $750 Million In Bitcoin Holdings
Blockchain intelligence firm Arkham revealed on September 16, 2024, that Bhutan's bitcoin holdings have reached $750 million. This represents approximately 27.9% of Bhutan's estimated 2023 Gross Domestic Product of $2.
Bhutan Becomes 4th Largest Bitcoin Holder Among Governments
Arkham revealed that Bhutan holds twice as much Bitcoin as El Salvador, becoming the 4th largest Bitcoin holder among countries.
1d
on MSN
Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations
The East Himalayan Kingdom of Bhutan is showcasing a powerful example of how developing nations could leverage Bitcoin mining ...
Deccan Herald
11h
Six former NDFB militants return to Assam after release from Bhutan jail
Kokrajhar: Six former NDFB militants who were released from a jail in Bhutan and handed over to India on Friday are currently ...
newsbytesapp.com
3d
Trekking the Himalayas: Bhutan's majestic trails await
For a shorter journey, the Druk Path Trek offers a beautiful glimpse into Bhutan's landscape in five to six days. Consider ...
International Monetary Fund
2d
Bhutan: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bhutan
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Bhutan
achieved significant improvements in social conditions during the last decade, raising living standards. Poverty ...
18h
on MSN
What Bhutan’s authentic food is like, from ema datshi to hardened yak cheese
The Bhutanese like lots of cheese and chillies in their food, such as in ema datshi, but many restaurants tone down flavours ...
newsbytesapp.com
2d
Journey through Bhutan's ancient monasteries
Bhutan, a mystical kingdom nestled in the Himalayas, is home to some of the world's most ancient and serene monasteries.
Deccan Chronicle
3d
Top 7 Must See Festivals in Bhutan
The Jomolhari Mountain Festival, Thimphu Tshechu, Black Mountain Festival, Black Necked Crane Festival, Bhutan Bird Festival, ...
19h
Short cuts: a fast-track to Bhutan and skiing comes to Covent Garden
Direct flights from Dubai to Bhutan, a pop-up ski contest in London, and Bangkok claims the ‘world’s best’ hotel ...
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