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Bhutan Holds Around $780 Million in Cryptocurrencies, Accounting for More Than 26.9% of Its $2.9 Billion GDP in 2023

Bhutan Holds Around $780 Million in Cryptocurrencies, Accounting for More Than 26.9% of Its $2.9 Billion GDP in 2023

Bitget2024/09/20 14:11
BTC-1.44%ETH-3.49%

The total cryptocurrency holdings of Druk Holding and Investments, Bhutan's national investment arm, amount to approximately $780 million, including 13,029 BTC, 656 ETH, and others, Cointelegraph reported. According to the World Bank, this means that Bhutan's cryptocurrency reserves represent more than 26.9 percent of its $2.9 billion gross domestic product (GDP) in 2023.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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