Bhutan's Bitcoin holdings have been revealed to consist of 13,011 BTC valued at approximately $780.49 million, making it the 4th largest government holder of Bitcoin.
Unlike many governments, Bhutan's Bitcoin does not stem from seizures, but from its own mining operations that have intensified since early 2023.
The Kingdom's investment arm, Druk Holdings, has established multiple mining facilities, the largest of which is located at the formerly planned Education City.
With an emphasis on sustainability, Bhutan is developing carbon-free Bitcoin mining operations, leveraging its significant hydropower resources.
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