Bhutan Government Transfers $63M in Bitcoin to Three Wallets: What It Means for Cryptocurrency and National Strategy
The Bhutan government recently transferred $63 million worth of Bitcoin to three wallets, significantly increasing its cryptocurrency holdings. One wallet alone now holds 600 BTC, valued at around $53 million. Bhutan has been mining Bitcoin since 2019, utilizing its rich hydroelectric resources. Currently, the country’s Bitcoin investments represent 30.7% of its GDP, which totaled $2.9 ...
