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How The IMF Prevents Global Bitcoin Adoption (And Why They Do It)

[Jun 27 3:56 PM] Bitcoin Magazine How The IMF Prevents Global Bitcoin Adoption (And Why They Do It) The Global Pattern In recent years the IMF has: Successfully pressured El Salvador to (de facto) drop Bitcoin as legal tender, and rollback other Bitcoin policies…

Lazarus Group’s Liquidation Spree Drops North Korea Below Bhutan in BTC Holdings

[May 12 5:42 PM] After the Royal Government of Bhutan quietly rearranged portions of its bitcoin holdings—holding 7,486 BTC on May 2—some 4,576 BTC has since returned to its reserves, bringing the kingdom’s total stash to 12,062 BTC ten days later. Meanwhile, Northâ

Bhutan Goes Fully Crypto for Tourism in Historic Partnership With Binance Pay

[May 8 6:30 AM] Bhutan has partnered with Binance Pay and DK Bank to launch the world’s first national crypto-based tourism payment system, allowing visitors to use digital assets for everything from hotels to market purchases, boosting financial inclusion and…

Royal Bitcoin Drain: Bhutan Quietly Dumps 2,584 BTC in 40 Days 

[May 3 7:15 PM] Roughly 40 days ago, Bitcoin.com News disclosed that the Royal Government of Bhutan, via Druk Holding and Investments (DHI), had moved 600 BTC, and at the time, held a balance of 10,070 BTC. Since that report, Bhutanese officials have evidently…

From Test Transfers to Treasury Shifts—Bhutan Moves 600 BTC to an Unknown Wallet 

[Mar 24 2:34 PM] The Royal Government of Bhutan (Druk Holdings) has discreetly transferred approximately 600 bitcoin—equivalent to $52 million at prevailing BTC exchange rates—in a recent fiscal maneuver. Fourth Largest Nation State Bitcoin Holder Bhutan Moves $52M…

Bhutan’s Sustainable Bitcoin Mining Fuels Salary Hikes, Healthcare Initiatives

[Mar 6 6:30 PM] Bhutan has quietly amassed nearly $1 billion in bitcoin reserves through sustainable hydroelectric mining, using the cryptocurrency to fund public services and positioning it as a strategic financial model for nations grappling with economic…

Bhutan economic hub to set up strategic crypto reserve

[Jan 8 10:58 AM] Bhutan’s Gelephu Mindfulness City wants to set up a strategic reserve with several established cryptocurrencies.

El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger

[Nov 12, 2024 6:39 PM] Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.

Bitcoin Profit-Taking Continues as BTC Price Nears High. Is Bhutan Next to Sell?

[Oct 30, 2024 9:51 AM] The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset.

Inside the Royal Government of Bhutan’s Bold $66M Bitcoin Transfer — Strategic or Something More?

[Oct 29, 2024 6:30 PM] This morning, the Royal Government of Bhutan shifted $66.55 million worth of bitcoin (BTC) to Binance, according to onchain data. $66M in Bitcoin on the Move – Bhutan’s Government’s Crypto Strategy Unfolds The BTC transfer…

Bhutan - Another Country Using Bitcoin To Escape Poverty

[Oct 29, 2024 4:55 PM] Having invested in startups for over twenty years I have deep respect for entrepreneurs trying to build a company. It is so difficult. And more often than not, it doesn’t work out. Developing a whole country, of course, is much more difficult. Many…

Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows

[Sep 22, 2024 1:30 AM] The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin…

Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations

[Sep 20, 2024 1:30 PM] Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies. 

Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin

[Sep 17, 2024 8:32 AM] Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups.

Bhutan has twice as much Bitcoin as El Salvador, says Arkham

[Sep 17, 2024 6:09 AM] Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash. 

Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining

[Sep 16, 2024 4:42 PM] South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company…

The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership

[May 21, 2023 11:30 PM] A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company…