Bhutan's Bitcoin holdings have now reached $1.3 billion, accounting for nearly 40% of its GDP

According to Coinfmania, Dennis Porter, CEO of SatoshiActFund, reposted an article from The Wall Street Journal on Twitter today. The article reveals that Bhutan's Bitcoin holdings have now reached $1.3 billion, accounting for almost 40% of the country's Gross Domestic Product (GDP). This Himalayan country, known for its national happiness index rather than technological innovation, has been quietly mining Bitcoin since 2020. Five years later, Bhutan has become the third largest government holder of Bitcoin reserves. Ujjwal Deep Dahal, the head of Bhutan Royal Holdings and Investments, said, "For Bhutan, this is evident in many ways." Porte called this progress a "milestone in the cryptocurrency industry," emphasizing Bhutan's hydroelectric mining strategy and its long-term vision for digital assets.