🚨🚨🚨 Breaking News: Bhutan Holds Twice As Much Bitcoin as El Salvador!🚨🚨🚨
Bhutan, the serene kingdom known for its commitment to happiness, is making big waves in the crypto world 🌍. Here's why:
🔹 13,029 BTC— worth a staggering $758M—are held by Bhutan’s investment arm, Druk Holdings (DHI). That's more than double El Salvador's stash! 🇧🇹💰
🔹 Bhutan’s 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. 💧⚡
🔹 Bhutan’s BTC holdings represent 25% of its projected GDP—a major economic stake for the small nation! 📈
🔹 DHI has partnered with Bitdeer to upgrade their mining capacity by 600MW by 2025, ensuring carbon-neutral operations! 🌿💡
🔹 Not just Bitcoin! Bhutan also holds:
- 656 ETH (~$1.5M)
- Small amounts of BNB and MATIC
How Does Bhutan Compare to El Salvador? 🇸🇻
🔹 El Salvador started its Bitcoin journey in September 2021 when BTC was $51,700.
🔹 It currently holds 5,875 BTC (~$331M), acquired at an average price of $43,900.
🔹 Despite smaller holdings, El Salvador has seen a 32.6% profit, powered by geothermal volcanic energy! 🌋
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! 🔥
📌 Follow for more updates on Bhutan's mining expansion and other key crypto trends!