Wu said that according to Cryptonews, Bhutan has been actively mining Bitcoin since 2021, a strategy that has allowed it to continue increasing reserves despite fluctuations in Bitcoin prices. Bhutan utilizes the hydroelectric resources of the Himalayas for Bitcoin mining, providing energy for its mining operations. As of now, Bhutan holds 13,011 Bitcoins, making it the fourth largest government holder of Bitcoin in the world, with a total value of its crypto assets exceeding $1 billion, accounting for more than 25% of the country's GDP. Additionally, CZ tweeted that many countries will use Bitcoin as reserves, as will other cryptocurrencies.