Bhutan: The Fifth-Largest Sovereign Bitcoin Holder

• Bhutan holds 13,029 BTC, surpassing El Salvador’s holdings.
• The Himalayan kingdom ranks as the fifth-largest sovereign Bitcoin holder.
• Bhutan’s strategic BTC investments showcase its tech-savvy ambitions.

Bhutan: Happiness Meets Bitcoin

The Kingdom of Bhutan, nestled in the Himalayas and renowned for prioritizing “Gross National Happiness” over GDP, has made an unexpected name for itself in the crypto world. With a stunning reserve of 13,029 Bitcoin (BTC), Bhutan has quietly emerged as the fifth-largest sovereign Bitcoin holder globally.

How Bhutan Surpassed El Salvador

While El Salvador’s pro-Bitcoin stance has garnered headlines, Bhutan’s approach has been notably low-key. The Himalayan nation now holds more than double El Salvador’s Bitcoin stack, signaling a strategic and forward-looking approach to digital assets. Bhutan’s holdings are estimated to be worth over $480 million, showcasing its serious commitment to cryptocurrency as a part of its national reserves.

The Strategy Behind Bhutan’s Bitcoin Stash

Bhutan’s investment in Bitcoin aligns with its broader ambitions to leverage technology for economic development. The country has been exploring blockchain applications for financial inclusion and renewable energy projects. With Bitcoin increasingly seen as a store of value and hedge against inflation, Bhutan’s move reflects a growing trend among nations to diversify their reserves with digital assets.

This revelation underscores the increasing importance of Bitcoin on a global scale. As more countries consider integrating cryptocurrency into their financial ecosystems, Bhutan’s bold and quiet adoption offers a fascinating case study.