In a significant development for the Bitcoin industry, it was revealed that Bhutan holds $750 million worth of Bitcoin, with these addresses now publicly identified on Arkham, a blockchain intelligence platform.

This public disclosure of Bhutan’s Bitcoin holdings marks a new chapter in the government’s ongoing mining operations. Managed through Druk Holdings, Bhutan has been mining Bitcoin as part of its broader investment strategy, positioning itself as a notable player in the digital currency space.

Arkham Intelligence is the first platform to publicly label and confirm these Bitcoin addresses, bringing transparency to Bhutan’s growing involvement in Bitcoin mining.

The decision to make this information public also underscores Bhutan’s commitment to alternative energy sources, which are integral to its Bitcoin mining operations, leveraging its vast hydropower resources to fuel the mining process.

The disclosure of Bhutan’s Bitcoin reserves is likely to spark conversations on the global stage about how nation-states engage with cryptocurrencies.

Now, with Arkham’s public labeling, it’s clear that Bhutan is embracing this cutting-edge technology, contributing to both national growth and Bitcoin’s evolving global narrative.

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