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Bitcoin Profit-Taking Continues as BTC Price Nears High. Is Bhutan Next to Sell?
30.10.2024
The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset
Inside the Royal Government of Bhutan’s Bold $66M Bitcoin Transfer — Strategic or Something More?
29.10.2024
This morning, the Royal Government of Bhutan shifted $66.55 million worth of bitcoin (BTC) to Binance, according to onchain data. $66M in Bitcoin on the Move – Bhutan’s Government’s Crypto Strategy Unfolds The BTC transfer, initiated from Bhutan’s government-linked...
Bhutan gov’t sells $66M of Bitcoin stash as price tops $71K
29.10.2024
Bhutan holds another $886 million worth of Bitcoin, which could introduce more selling pressure, as the country has been mining and holding Bitcoin for over five years
Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows
22.9.2024
The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically...
Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations
20.9.2024
Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies.
Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations
20.9.2024
Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies.
Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
20.9.2024
Tether launderers sentenced as Bhutan’s Bitcoin hodling places it as the fourth largest among governments: Asia Express
Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin
17.9.2024
Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups
Satellite Images Show Bhutan’s Secret State-Owned Bitcoin Mining Facilities
23.11.2023
Image Source: Pixabay Satellite images have uncovered Bhutan’s undisclosed state-owned Bitcoin (BTC) mining operations. The landlocked Himalayan nation, known for its seclusion and breathtaking landscapes, has transformed itself into a crypto haven under the rule of King Jigme Khesar Namgyel...
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
22.5.2023
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green...
Bhutan mines Bitcoin with hydropower since BTC price was $5,000
1.5.2023
The crypto kingdom of Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal