🇧🇹 GMC of Bhutan adds BTC, ETH, BNB to strategic reserves
The special administrative region of Gelephu Mindfulness City (GMC) in Bhutan has just announced plans to add BTC, ETH, and BNB to its strategic reserves.
These three cryptocurrencies were chosen because they all operate on secure and transparent blockchains, have large market capitalizations, and high liquidity, making it easy to buy and sell without worrying about major price fluctuations.
Bhutan's Bitcoin is homegrown as it has been directly mined since 2019, utilizing the abundant hydropower resources available here.
The happiest country in the world currently holds over 1 billion USD in Bitcoin and is among the top 4 governments holding Bitcoin globally, only behind the USA, China, and the United Kingdom.