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.