Bhutan, a country known for its tradition and happiness, has quietly amassed over $1 billion worth of Bitcoin through environmentally friendly mining using hydroelectric resources. The country's national investment company, Druk Holding and Investments, has been involved in Bitcoin mining since 2019. Bhutan has also actively managed its crypto portfolio, including transferring Bitcoin to Binance in November. In addition, the country's Gelephu Mindfulness City project aims to use digital assets as strategic reserves to revitalize the economy while maintaining social and environmental balance. However, the volatile nature of Bitcoin's price poses challenges for Bhutan's digital foreign exchange reserves. Nonetheless, Bhutan's initiatives in the crypto space showcase its adoption of technology for economic growth and job creation.



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