Bitcoin Boost: Bhutan’s Holdings Soar Past $1 Billion in 2024
New data from Arkham Intelligence reveals that Bhutan’s Bitcoin (BTC) holdings have surpassed $1 billion, marking a significant achievement for the small Himalayan nation. Bhutan has steadily expanded its BTC reserves since 2021, using the country’s abundant hydropower resources to mine BTC. This approach has positioned Bhutan among the world’s top government holders of cryptocurrency…
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