**News Flash: Bhutan Leverages Bitcoin Mining for Economic Growth**

The Kingdom of Bhutan is setting a remarkable example for developing nations by harnessing Bitcoin mining to boost its economy. On Sept. 16, Arkham Intelligence revealed that Bhutan's investment arm, Druk Holding and Investments (DHI), holds 13,029 BTC, 656 ETH, and other cryptocurrencies, totaling around $780 million. This crypto reserve represents over 26.9% of Bhutan's GDP.

Michael Saylor of MicroStrategy suggests that indebted countries could follow Bhutan's lead by reallocating treasury reserves to Bitcoin, potentially alleviating debt and fostering economic prosperity. Bhutan’s approach could inspire nations like Paraguay, Venezuela, and Kenya to explore similar strategies.