Data: Bhutan Currently Holds Around $780 Million in Cryptocurrency
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September 20, 2024
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ChainCatcher reported, citing Cointelegraph, that Druk Holding and Investments, the national investment arm of Bhutan, holds approximately $780 million in cryptocurrencies. This includes 13,029 BTC, 656 ETH, and other assets. These holdings stem from Bitcoin mining operations undertaken by Druk Holdings, the investment arm of the Kingdom of Bhutan.
According to data from the World Bank, Bhutan's cryptocurrency reserves represent over 26.9% of its $2.9 billion GDP in 2023.
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