Bhutan Becomes Fourth-Largest Bitcoin Holder with $780 Million in Holdings | Firstpost America
Firstpost Firstpost
5.66M subscribers
19,983 views
421

 Published On Sep 18, 2024

Bhutan Becomes Fourth-Largest Bitcoin Holder with $780 Million in Holdings | Firstpost America

Bhutan, a small Himalayan nation known for its focus on happiness, has quietly emerged as a significant player in the cryptocurrency world. With $780 million worth of Bitcoin, nearly one-third of its GDP, the country has become the fourth-largest government holder of Bitcoin globally. Unlike other nations, Bhutan acquired its Bitcoin through eco-friendly mining operations powered by renewable hydropower, led by state-owned Druk Holding. Partnering with Bitdeer, Bhutan plans to expand its mining capacity to 600 megawatts by 2025, solidifying its role as a leader in green Bitcoin mining and innovative digital asset strategies. Watch our video to know more.

---

Bhutan | Bitcoin | Cryptocurrency | Hydropower | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News

#bhutan #bitcoin #cryptocurrency #hydropower #firstpostamerica #ericham #war #geopolitics #economy #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews

Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.

Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
   / @firstpost  

Follow Firstpost on Instagram:
  / firstpost  

Follow Firstpost on Facebook:
  / firstpostin  

Follow Firstpost on Twitter:
  / firstpost  

Follow Firstpost on WhatsApp:
https://www.whatsapp.com/channel/0029...

show more

Share/Embed