Bhutan Amasses $780 Million in Bitcoin Through Sustainable Mining

The Himalayan nation leverages hydropower for large-scale Bitcoin mining, making it the fourth-largest government holder of the cryptocurrency.

Bhutan has accumulated 13,011 Bitcoin, valued at $780 million, through state-run mining operations.
The country's Bitcoin holdings represent nearly a third of its GDP and are more than double that of El Salvador's.
Bhutan's mining operations, powered by hydropower, began in 2019 and have expanded significantly since then.
In partnership with Bitdeer, Bhutan aims to increase its mining capacity to 600 megawatts by 2025.
The strategy to invest in Bitcoin mining is part of Bhutan's broader effort to diversify its economy amid declining tourism revenues.