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Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows


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...

Satellite Images Show Bhutan’s Secret State-Owned Bitcoin Mining Facilities


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...

Report: Bhutan Commences Plan to Develop 600-Megawatt Bitcoin Mining Farm


The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in the modern global economy from within Bhutan.”...

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