Bhutan as a Crypto Shangri-La: A Tiny Country Quietly Surpasses El Salvador, Opening A New Era of Bitcoin Reserves


Bhutan has surpassed El Salvador in Bitcoin reserves. Yes, you read that right. A small Himalayan kingdom with a unique geographical position nestled between China and India, and less than 1 mln citizens, has outpaced the crypto trailblazer more than twice! It is currently holding over 13, 000 BTC (worth $828 million at the time of writing), while El Salvador is holding 5,876 BTC. Taking into account that Bhutan’s Gross Domestic Product (GDP) is 3 billion dollars, its holdings represent one third of its GDP.


That was an unexpected shift in the global crypto landscape as the country had accumulated Bitcoin quietly. Its officials never disclosed crypto-related information before. It signals that more countries may join this trend soon. Who is next in line? 


#BitcoinReserves #CryptoAdoption #Bhutan #ElSalvador #BitcoinMining #HydropowerMining #StrategicReserves #BTC

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