Bhutan said it will tap 10,000 BTC, valued at nearly $1 billion at current prices, from its sovereign digital asset haul to help fund the development of the Gelephu Mindfulness City. “As your King, I must ensure that every Bhutanese is a custodian, stakeholder, and beneficiary of GMC,” His Majesty King Jigme Khesar Namgyel Wangchuck […] origin »
It’s estimated that Bhutan has around 11,286 Bitcoin in total, a stash worth over $986 million, making it the fifth-largest known holder among countries.
Bhutan’s newest region is adding Bitcoin, Ethereum, and Binance Coin to its reserves as part of its new economic strategy. Bhutan’s new special administrative region, Gelephu Mindfulness City, plans to add Bitcoin (BTC), Ethereum (ETH), and Binance’s (BNB) to its…
Bitcoin price started a downside correction from $94,500. BTC is now struggling and might dip toward the key support at $89,000. Bitcoin started a downside correction and traded below the $92,000 zone.