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🇧🇹 Bhutan’s Bold Bitcoin Move: Fueling Economic Growth with Crypto Reserves

  • Writer: BlockForge Industries
    BlockForge Industries
  • Mar 18
  • 1 min read

Bhutan's Prime Minister, Tshering Tobgay, has revealed how the country’s Bitcoin reserves are transforming its economy and funding essential services. Known for prioritizing Gross National Happiness, Bhutan is emerging as a global leader in leveraging Bitcoin for national development.

🎙️ Key Highlights from the Interview

🔸 Bitcoin Holdings: Bhutan holds 13,029 BTC, valued at over $1.1 billion, making it the fifth-largest nation-state Bitcoin holder.

🔸 Strategic Use: Bitcoin reserves are funding public servant salaries, healthcare initiatives, and environmental projects. Government employees are among the primary beneficiaries of this forward-thinking strategy.

🔸 Clean Energy Mining: Since 2019, Bhutan has been mining Bitcoin using its abundant hydroelectric resources, ensuring sustainable and eco-friendly Bitcoin mining.

📊 Numbers That Speak Volumes

📌 Bhutan’s Bitcoin reserves amount to approximately $1,500 per citizen, a notable figure for a nation with just over 770,000 people. 📌 Mining capacity is expected to expand sixfold by mid-2025, reaching 600 MW, solidifying Bhutan’s place in the global crypto market.

🌍 Vision for the Future

Prime Minister Tobgay has described Bitcoin as a “strategic reserve”, encouraging other nations to explore similar approaches. Bhutan has also designated Ethereum and Binance Coin (BNB) as strategic assets for its newly established Gelephu Mindfulness City—a hub for innovation and sustainability.

Bhutan’s Bitcoin-powered vision is setting an example for the world. Could this be the future of national wealth management? 🚀🔑



 
 
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