The post Bhutan Accumulates $1.1B in Bitcoin, With 34% of Total GDP! appeared first on Coinpedia Fintech News
Bhutan, a small Himalayan kingdom, has quietly accumulated $1.1 billion in Bitcoin, holding 34% of its GDP in 13,011 BTC, currently valued at $780.49 million. Since 2021, Bhutan has strategically built its crypto reserves using its abundant hydropower resources for mining. The country recently moved $65 million to Binance, showcasing its active management of assets. With Bitcoin breaking $94K Bhutan is well-positioned to benefit. This approach, centered on long-term planning and natural advantages, might inspire other nations toward greater crypto adoption, especially with the changing global regulatory scenario.