Bhutan's Bitcoin Holdings Exceed $750M, Ranking Fourth Globally

Bhutan's Bitcoin Holdings Exceed $750M, Ranking Fourth Globally

Bhutan, a Himalayan nation with a population of under one million, has emerged as the world's fourth-largest sovereign holder of Bitcoin. According to blockchain analytics firm Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC), valued at more than $750 million as of September 16, 2023. This places Bhutan behind only the U.S., China, and the U.K. in sovereign Bitcoin reserves, surpassing El Salvador. Unlike other nations that acqui...

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