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Bhutan, a small kingdom in the Himalayas that has accumulated nearly 12.000 BTC

Bhutan, a small kingdom in the Himalayas that has accumulated nearly 12.000 BTC

Bhutan has managed to accumulate just over 11.900 BTC to date, using hydroelectric power.

Bhutan, a small kingdom nestled high in the Himalayas, has established itself as a key player in the cryptocurrency world. Since 2019, the country has quietly mined nearly 12.000 BTC, thanks to an innovative state-run strategy that leverages its abundant hydroelectric power. 

This low-key yet bold initiative has made Bhutan a key player in the global digital economy, while boosting its economic development and reaffirming its commitment to environmental sustainability.

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Bhutan promotes sustainable Bitcoin mining

Bhutan has traditionally been known for its philosophy of “Gross National Happiness” and its commitment to sustainable development that preserves the natural environment intact. It's a land of monks and dreamlike landscapes that now holds nearly 12.000 BTC worth of mining. 

According to data According to recent Arkham Intelligence data, Bhutan has accumulated nearly 12.000 bitcoins thanks to an innovative and sustainable state strategy. How do i do it? The key is in its abundant hydroelectric power, a natural resource that flows generously through its mountain rivers. 

Thus, instead of wasting this energy or selling it at low prices, the government decided to invest in Bitcoin mining, transforming this energy surplus into a solid source of income.

Since 2019, Bhutan has promoted this initiative with a clear vision: combining technological innovation with environmental sustainability. State-run Bitcoin mining has not only generated wealth but also strengthened the country's economy and international reach, all while maintaining its commitment to the environment and energy sovereignty.

For experts, this movement represents an example of how a small country can adapt to modern times, intelligently leveraging its natural resources to create a prosperous and sustainable future.

A forward-looking state strategy

The role of the state in this crypto adventure is fundamental. Druk Holding & Investments, the country's sovereign wealth fund, has been the main manager of Bitcoin accumulation. 

Thanks to the management of this fund, Bhutan is position as the fifth largest state-owned holder of Bitcoin in the world, behind countries like the United States, China and the United Kingdom, and with a reserve that even exceeds that of El Salvador.

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The vision of the Bhutanese government is clear, considering Bitcoin as a store of value Comparable to gold or property, an asset that can protect national wealth from global economic volatility. Institutional management and the use of advanced tools to secure these digital reserves reflect a serious, long-term commitment to this strategy.

Furthermore, partnerships with international companies in the sector have allowed for the expansion of mining capacity, with projects seeking to reach up to 600 megawatts of mining power powered exclusively by renewable energy. These collaborations have attracted significant investment and established Bhutan as a benchmark in sustainable Bitcoin mining.

Bitcoin as an engine of tangible change

State-run Bitcoin mining in Bhutan has proven to be much more than a technological experiment. Its concrete results have translated into tangible benefits for the population. During 2024, Bhutan managed to sell approximately $100 million in Bitcoin. Thanks to this liquidity, the mining operations were able to be implemented. far-reaching social improvementsFor example, public officials' salaries were doubled, a crucial measure to stem the growing wave of resignations and the brain drain in the face of the country's economic challenges.

The increase in public sector compensation stabilized the workforce and eased social tensions stemming from rising unemployment. In a global context where many smaller economies face growing pressure, the state-provided revenue generated by cryptocurrency mining offers Bhutan a vital lifeline. During years of economic contraction, this financial innovation has helped stem the brain drain and pave the way for recovery.

But Bitcoin's impact goes beyond mere income. It's a strategic resource that strengthens the kingdom's economic and social structure, aligning technological development with the well-being of its people.

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