Small Nation’s Bitcoin Holdings Surpass $1 Billion Amid Market Surge

With Bitcoin surging close to $90,000, early adopters of the cryptocurrency are seeing major returns on their investments.

Among them, the government of Bhutan has taken a prominent position, ramping up its Bitcoin strategy to secure significant gains. Leveraging the economic potential of BTC, Bhutan has quietly built up a reserve now valued at over $1 billion, according to Arkham Intelligence.

Originally motivated by the economic challenges following COVID-19, Bhutan transitioned surplus energy into Bitcoin mining, effectively turning a crisis into an opportunity.

Druk Holdings, the state-owned entity responsible for managing these assets, holds approximately 12,568 BTC, establishing Bhutan as one of the leading national holders of Bitcoin.

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Bhutan’s diversified holdings also include 656 Ethereum, valued at over $2 million, and smaller amounts of other tokens. Though bullish on Bitcoin, the country doesn’t solely hold its assets—data reveals periodic sales from Bhutan’s BTC reserves, showing an active strategy to balance growth with liquidity.

Alexander Stefanov