Bhutan has quietly built one of the largest sovereign #Bitcoin treasuries in the world. 🌍 And while they have sold some Bitcoin recently, the story is far from bearish. Let’s break it down! 👇🧵
As of late 2024, Bhutan via its sovereign fund Druk Holding & Investments (DHI) held 13,011 #Bitcoin, worth ~$780 million at the time.
Not a dump, a reallocation. Bhutan used the profits to: 🧾 Fund a 50% salary raise for civil servants ⚡ Cover electricity costs for mining 🛠️ Maintain mining infrastructure
Even after selling, Bhutan still holds ~12,206 #Bitcoin, now worth over $1.1 billion in early 2025. That’s 40% of the nation’s GDP.
How did they accumulate all this #Bitcoin? They have been mining it since 2019, using surplus hydropower 100% renewable, state-controlled, and cost-efficient. Bhutan turns water into Bitcoin sustainably.
Bhutan is showing the world how a nation can: âś… Monetize clean energy âś… Build hard reserves âś… Fund real public goods âś… Sell only when it makes strategic sense
This isn’t panic selling. It's a low time preference nation-state strategy. Bhutan is using #Bitcoin like a sovereign wealth asset and they're doing it better than most.
While the media focuses on price charts, Bhutan is quietly stacking, mining, and building a Bitcoin-backed future. They didn’t sell out, they sold smart and are still one of the largest sovereign BTC holders on Earth. Bhutan is ranked 5th among countries holding #Bitcoin. 🌍
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