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Bhutan Government Reaches $1 Billion in Bitcoin Holdings – Will the U.S. and Other Nations Follow?

  • The Bhutan government has accumulated $1 billion in Bitcoin, leveraging its excess energy resources for mining and diversifying its economy amid post-COVID struggles.
  • Bhutan's BTC investments are managed by Druk Holdings, which now holds 12,568 BTC, making Bhutan one of the top countries with a significant Bitcoin portfolio.
  • In addition to Bitcoin, Bhutan also holds other tokens, including 656 Ethereum (ETH). The country occasionally sells portions of its Bitcoin to manage its holdings.
  • The U.S. and corporations like MicroStrategy are re-evaluating their stance on Bitcoin, with talks of potential national Bitcoin reserves and growing corporate interest in the cryptocurrency.

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