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Bhutan Emerges as a Hidden Leader in Cryptocurrency Reserves

Under the leadership of King Jigme Wangchuck, Bhutan is actively digitizing. The 'Digital Bhutan' program is advancing IT infrastructure, education, and technological sectors. In 2023, it was revealed that Bhutan's government fund secretly mined Bitcoin using cheap hydropower and accumulated 11,879 BTC — positioning the country among the world's leading Bitcoin reserves. Currently, Bhutan collaborates with mining companies to build data centers powered by green energy, is testing digital currency with Ripple, and exploring blockchain applications in agriculture and land registry.
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AI Analysis

Bhutan's strategic move to leverage its natural hydropower resources for cryptocurrency mining highlights a unique approach among nations. With minimal energy costs, the country has managed to accumul...

AI Recommendation

Investors and stakeholders should monitor Bhutan's ongoing digital currency experiments and infrastructure developments. The country's large Bitcoin reserves and green mining initiatives suggest a pot...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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