State-run wallets remain active while investors weigh potential sell pressure amid bitcoin price consolidation.

The tiny Himalayan kingdom of Bhutan is best known for its stunning landscapes and national happiness index. Lately it has ...

Bitcoin Mining: A Quiet Revolution in the Himalayas. Druk Holding and Investments (DHI), Bhutan’s investment arm, and Green Digital Limited (GDL) began Bitcoin mining when prices were around ...

Bhutan proudly boasts bitcoins worth $1.3 billion, an amount totalling 40 per cent of the country’s gross domestic product ...

The Bitcoin engagement in Bhutan has been rumored for a while. A few weeks ago, we learned about mining operations in Bhutan leading to a significant Bitcoin stack of around 13.000 Bitcoin. That is a ...

Bitcoin mining is one of the few ventures that allows Bhutan, a constitutional monarchy, to grow its economy while aligning with its values as a country, analysts say.

Bitcoin mining is one of the few ventures that allows Bhutan, a constitutional monarchy, to grow its economy while aligning with its values as a country, analysts say.

The country has taken an institutional interest in Bitcoin, with its sovereign fund purchasing BTC since prices were around $5,000. Bhutan announced last year it was raising $500 million to boost ...

As nations explore the implications of digital currencies, Bitcoin is becoming part of national strategies. El Salvador made headlines as the first country to adopt Bitcoin as legal tender, while ...

Why Bhutan Got Into Crypto. Bitcoin mining has increasingly become an industrial operation, frequently relying on specialized chips from Chinese companies like Bitmain or Nasdaq-listed Canaan.

Blockchain intelligence firm Arkham revealed on September 16, 2024, that Bhutan's bitcoin holdings have reached $750 million. This represents approximately 27.9% of Bhutan's estimated 2023 Gross ...

For years, Bhutan has measured its economic and social development using uncommon currencies: happiness and sustainability. But amid growing economic pains and a brain drain, the small, landlocked ...