Value

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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bhutan-expands-bitcoin-holdings-to-1-billion" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bhutan Expands Bitcoin Holdings to $1 Billion</a><br></p>
<p style="text-align: justify">The Bhutanese government is making headlines with its increasing <a href="https://en.bitcoinhaber.net/bitcoin-seeks-footing-as-prices-retreat-from-peak" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> investments, now valued at approximately $1 billion. Arkham Intelligence’s recent data reveals that the country has amassed a noteworthy Bitcoin portfolio, capturing the interest of global financial observers.</p>
<h2 id="how-did-bhutan-join-the-bitcoin-market">How Did Bhutan Join the Bitcoin Market?</h2>
<p style="text-align: justify">Bhutan’s entry into the Bitcoin market was driven by economic necessity, particularly following the adverse effects of the COVID-19 pandemic on its tourism sector. To counteract the downturn, Bhutan strategically utilized its surplus energy resources for Bitcoin mining.</p>
<h2 id="what-is-the-current-value-of-bhutan-s-bitcoin-holdings">What is the Current Value of Bhutan’s Bitcoin Holdings?</h2>
<p style="text-align: justify">As per Arkham Intelligence, Druk Holdings, an entity that aids the Bhutan Royal Government in crypto dealings, currently manages Bitcoin valued at $1,033,855,613.15. Although officials have confirmed that no new mining or acquisitions are being made, the surge in Bitcoin’s value has significantly boosted the worth of existing assets.</p>
<p style="text-align: justify">Currently, Bhutan holds a total of 12,568 <a href="https://en.bitcoinhaber.net/exploring-bitcoins-surge-a-ceos-take-on-key-growth-drivers" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>, solidifying its position among nations with substantial Bitcoin investments. This trend reflects a broader reassessment of Bitcoin’s significance, prompting other countries and corporations to consider similar strategies.</p>
<ul>
 <li>Bhutan’s Bitcoin holdings are now valued at over $1 billion.</li>
 <li>Druk Holdings manages a total of 12,568 BTC.</li>
 <li>The country also holds 656,039 Ethereum and other digital assets.</li>
 <li>Officials utilize a strategic approach, selling portions of their BTC when necessary.</li>
</ul>
<p style="text-align: justify">In addition to Bitcoin, Bhutan’s Druk Holdings wallet contains various digital assets, highlighting a diversified investment strategy. This adaptability underscores Bhutan’s proactive stance in the evolving landscape of cryptocurrencies.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/bhutan-expands-bitcoin-holdings-to-1-billion" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bhutan Expands Bitcoin Holdings to $1 Billion</a></h5>

Bhutan Expands Bitcoin Holdings to $1 Billion

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