๐จ๐จ๐จ Breaking News: Bhutan Holds Twice As Much Bitcoin as El Salvador!๐จ๐จ๐จ
Bhutan, the serene kingdom known for its commitment to happiness, is making big waves in the crypto world ๐. Here's why:
๐น 13,029 BTCโ worth a staggering $758Mโare held by Bhutanโs investment arm, Druk Holdings (DHI). That's more than double El Salvador's stash! ๐ง๐น๐ฐ
๐น Bhutanโs Bitcoin journey began back in April 2019, with BTC prices as low as $5,000. The country mines BTC using hydroelectric power, leveraging its abundant renewable resources. ๐งโก
๐น Bhutanโs BTC holdings represent 25% of its projected GDPโa major economic stake for the small nation! ๐
๐น DHI has partnered with Bitdeer to upgrade their mining capacity by 600MW by 2025, ensuring carbon-neutral operations! ๐ฟ๐ก
๐น Not just Bitcoin! Bhutan also holds:
- 656 ETH (~$1.5M)
- Small amounts of BNB and MATIC
How Does Bhutan Compare to El Salvador? ๐ธ๐ป
๐น El Salvador started its Bitcoin journey in September 2021 when BTC was $51,700.
๐น It currently holds 5,875 BTC (~$331M), acquired at an average price of $43,900.
๐น Despite smaller holdings, El Salvador has seen a 32.6% profit, powered by geothermal volcanic energy! ๐
Bhutan's quiet entry into Bitcoin mining shows the powerful intersection of crypto and sustainable energy. Could this small nation become a crypto powerhouse? Stay tuned! ๐ฅ
๐ Follow for more updates on Bhutan's mining expansion and other key crypto trends!
