Data: Bhutan now holds about $780 million in cryptocurrencies

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According to ChainCatcher, Cointelegraph reported that the total amount of cryptocurrencies held by Druk Holding and Investments, the national investment arm of Bhutan, is about $780 million, including 13,029 BTC, 656 ETH, etc. These assets all come from the Bitcoin mining business conducted by Druk Holdings, an investment institution of the Kingdom of Bhutan.

According to the World Bank, Bhutan’s cryptocurrency reserves account for more than 26.9% of its 2023 gross domestic product (GDP) of $2.9 billion.

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