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…
As the debate for Bitcoin’s long-term survival in the face of rising quantum computing threats rages on, Strategy founder Michael Saylor has weighed in.
Prominent commodity trader Brandt has issued a dire Bitcoin warning as the price of the world’s largest and oldest cryptocurrency slumped to its lowest price since early December amid fading hopes of a Santa rally.
Bitcoin is sitting at a crossroads this week, with major analysts outlining sharply divergent short-term paths that all point toward far higher levels once the next move confirms.