Bhutan Uses Bitcoin Mining Profits to Fund Public Services

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Bhutan has quietly become one of the world’s largest nation-state holders of Bitcoin, accumulating roughly 13,000 BTC since launching state-backed mining operations in 2019. The initiative relies heavily on the country’s abundant hydropower resources, which generate surplus electricity during the summer months.

According to Prime Minister Tshering Tobgay, proceeds from the country’s Bitcoin strategy have helped fund healthcare programs, environmental initiatives, and public servant salaries. Bhutan’s crypto portfolio is managed by its sovereign wealth fund, Druk Holding and Investments, which also holds smaller amounts of other digital assets.

[johnblockbuster]

lol bhutan quietly hoarding 13k BTC small country, big crypto flex

[The_Walking_Dead]

Small country, big Bitcoin strategy.

[Revenant]

Using hydropower to mine BTC is actually genius.

[d82ae58262]

Bhutan quietly stacking sats while the world debates crypto.

[bred]

13k BTC is a serious national treasury.

[Capybara_Capybara]

Imagine funding public services with Bitcoin gains.

[059d96d16a]

This is what smart energy + crypto looks like.

[UndeadBeastMonkeykiller]

Bhutan playing the long game.

[9777089235]

Meanwhile other countries still arguing about regulation.