Bhutan’s Secret Bitcoin Stash: More Than Double El Salvador’s
While El Salvador has made headlines with its Bitcoin adoption, another country has quietly amassed a significant Bitcoin stash: Bhutan. Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, exceeding El Salvador’s holdings by a significant margin. This revelation underscores the growing interest in Bitcoin as a strategic asset among nations.
The exact nature of Bhutan’s Bitcoin strategy remains unclear. However, the country’s commitment to sustainable development and its interest in exploring innovative financial instruments suggests that Bitcoin could play a role in diversifying Bhutan’s investment portfolio and potentially facilitating cross-border transactions.
While El Salvador’s Bitcoin experiment has been controversial, Bhutan’s approach appears more measured. By quietly accumulating Bitcoin, Bhutan has managed to avoid the spotlight and potentially secure a significant financial advantage. This could offer valuable lessons for other nations considering Bitcoin adoption, highlighting the importance of a well-considered and strategic approach.