According to recent data, Bhutan’s Bitcoin holdings have now crossed $1 billion. This has happened as the price of Bitcoin keeps going up. The government of Bhutan is investing in Bitcoin to grow its financial assets and take advantage of the rise in digital currencies.
This move by Bhutan is part of a bigger trend where many countries are starting to invest in cryptocurrencies. By holding a large amount of Bitcoin, Bhutan shows it believes in the future value of Bitcoin and wants to benefit from it in the long run.
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