Bhutan Sovereign Holding Reveals 13,011 BTC Treasury Mined from Hydroelectric Power
On-chain analysis verifies the Himalayan kingdom holds over 13,000 BTC, accounting for nearly one-third of national GDP in state-mined green Bitcoin reserves.
How Much Bitcoin
$757,000,000 (13,011 BTC
BTC Price Then
$58,193
Price Change
+66%
Location
Bhutan
Frequently Asked Questions
Who is adopting Bitcoin in "Bhutan Sovereign Holding Reveals 13,011 BTC Treasury Mined from Hydroelectric Power"?
Kingdom of Bhutan Druk Holding (Government) is the entity adopting or allocating into Bitcoin in Bhutan.
What type of entity is Kingdom of Bhutan Druk Holding?
Kingdom of Bhutan Druk Holding is classified as a Government in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
$757,000,000 (13,011 BTC acquired directly as spot Bitcoin.
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $58,193 per BTC (a +65% change versus the current live price).
When did this Bitcoin adoption event happen?
This adoption event was recorded on Mon, Sep 16, 2024.
Where is this Bitcoin adoption taking place?
This adoption is attributed to Bhutan.
What is the source of this Bitcoin adoption story?
Originally reported by Arkham Intelligence and indexed from the original report.
Originally reported by Arkham Intelligence
Read the original report