đšđšđš Breaking News: Bhutan Holds Twice As Much Bitcoin as El Salvador!đšđšđš
Bhutan, the serene kingdom known for its commitment to happiness, is making big waves in the crypto world đ. Here's why:
đč 13,029 BTCâ worth a staggering $758Mâare held by Bhutanâs investment arm, Druk Holdings (DHI). That's more than double El Salvador's stash! đ§đčđ°
đč Bhutanâs 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. đ§âĄ
đč Bhutanâs BTC holdings represent 25% of its projected GDPâa major economic stake for the small nation! đ
đč DHI has partnered with Bitdeer to upgrade their mining capacity by 600MW by 2025, ensuring carbon-neutral operations! đżđĄ
đč Not just Bitcoin! Bhutan also holds:
- 656 ETH (~$1.5M)
- Small amounts of BNB and MATIC
How Does Bhutan Compare to El Salvador? đžđ»
đč El Salvador started its Bitcoin journey in September 2021 when BTC was $51,700.
đč It currently holds 5,875 BTC (~$331M), acquired at an average price of $43,900.
đč Despite smaller holdings, El Salvador has seen a 32.6% profit, powered by geothermal volcanic energy! đ
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! đ„
đ Follow for more updates on Bhutan's mining expansion and other key crypto trends!
