Bhutan Emerges as a Leading Bitcoin Owner with 40% of GDP in Crypto

Bhutan has become one of the world leaders in Bitcoin holdings relative to its economy. The Himalayan kingdom now owns approximately 12,000 bitcoins worth around $1.3 billion, which constitutes nearly 40% of its GDP. All cryptocurrency acquisition stems from mining activities initiated in 2020 using the country's hydroelectric power. The project is managed by the state-owned Green Digital company, with bitcoins stored securely in wallets.