Bhutan holds $1.3 billion in Bitcoin, accounting for nearly 40% of its GDP, ranking among the top three in government reserves.

[BitPush] SatoshiActFund CEO Dennis Porter today shared an article from The Wall Street Journal. The article reveals that Bhutan's Bitcoin holdings have reached $1.3 billion, accounting for nearly 40% of the country's Gross Domestic Product (GDP). This Himalayan nation, known for its Gross National Happiness Index rather than technological innovation, quietly began Mining Bitcoin in 2020. Five years later, Bhutan has become the third-largest country in terms of Bitcoin reserves held by the government. Ujjwal Deep Dahal, head of Bhutan Royal Holdings and Investment Company, stated: "This is obvious in many ways for Bhutan." Porter called this progress a "milestone in the Crypto Assets space," emphasizing Bhutan's hydropower-based Mining strategy and its long-term vision for digital assets.