Since 2020, Bhutan has increased its Bitcoin holdings to 12,000 BTC, valued at $1.29 billion, making it the third-largest holder among nations.
Bitcoin as Bhutan's Sovereign Reserve
The Royal Government of Bhutan has created a crypto portfolio sized at $1.29 billion, with Bitcoin constituting nearly 40% of the country's GDP. Ranking third globally after the U.S. and China, Bhutan has become a prominent sovereign holder of BTC.
Bhutan's Crypto Portfolio Strategy
According to blockchain data, Bhutan has accumulated Bitcoin with a long-term investment goal. The portfolio includes 12,962 BTC with minimal holdings in Ethereum, indicating a strategy focused on asset preservation. The state-owned investment company Druk Holdings employs various methods to manage its crypto reserves.
Bitcoin as Digital Sovereignty
Global trends show a growing number of countries adopting cryptocurrency for economic defense. Bhutan follows the example of El Salvador and other nations by viewing Bitcoin as a means of financial independence. In light of fiat currency uncertainty, Bitcoin becomes a strategic asset for emerging economies.
Bhutan's actions highlight shifting global trends regarding cryptocurrencies, demonstrating that Bitcoin is becoming an essential tool for ensuring financial stability amid changing economic landscapes.
