Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ADOPTION NEWS»Bhutan’s $750 Million Bitcoin (BTC) Reserves Confirmed by Arkham
ADOPTION NEWS

Bhutan’s $750 Million Bitcoin (BTC) Reserves Confirmed by Arkham

By Crypto FlexsSeptember 16, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bhutan’s 0 Million Bitcoin (BTC) Reserves Confirmed by Arkham
Share
Facebook Twitter LinkedIn Pinterest Email

Ted Hisokawa
16 Sep 2024 16:42

Bhutan’s $750 million worth of Bitcoin held by Druk Holdings is now visible in Arkham, making Bhutan the fourth-largest government in terms of Bitcoin holdings.





According to arkhamintelligence.com, Bhutan’s significant Bitcoin (BTC) holdings, worth over $750 million, have been publicly identified and displayed on blockchain intelligence platform Arkham. These holdings are derived from Bitcoin mining operations conducted by Druk Holdings, the investment arm of the Kingdom of Bhutan.

Details of stock holdings

Unlike most government Bitcoin holdings, which are usually derived from asset seizures by law enforcement agencies, Bhutan’s BTC holdings are the result of extensive mining activities. This makes Bhutan the fourth largest government holder of Bitcoin on the Arkham platform. Mining operations have expanded significantly since early 2023.

Mining work

Bitcoin mining facilities in Bhutan are located in various locations, with the largest facility being located at the former Education City project site. The timeline of on-chain mining activity is evidenced by time-lapse satellite imagery showing the construction of these facilities.

Global context

This discovery highlights the strategic approach of the country to leverage cryptocurrency mining, making Bhutan one of the largest Bitcoin holding governments in the world. Other governments with significant Bitcoin holdings typically acquire the assets through confiscation or acquisition, making Bhutan’s mining-based accumulation a unique case.

Arcam’s identification of these holdings marks the first time these addresses have been made public, providing transparency into the size and source of Bhutan’s crypto assets.

For more details, check out the official announcement at arkhamintelligence.com.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

KAITO unveils Capital Launchpad, a Web3 crowdfunding platform that will be released later this week.

July 22, 2025

Algorand (Algo) Get momentum in the launch and technical growth.

July 14, 2025

It flashes again in July

July 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Is it really possible to sell Memecoins?

July 29, 2025

Encryption Inheritance Update: July 2025

July 29, 2025

Charting the Course for the Future of Decentralized Platforms

July 29, 2025

Blockchain For Good Alliance Leads Global Digital Cooperation At UN IGF 2025

July 29, 2025

Queens Park Rangers And TokenFi Announces New Partnership

July 29, 2025

Onchain AI Agents Go Live With USDC & Coinbase X402

July 29, 2025

DeepSnitch Introduces Five Specialized AI Agents As Token Presale Goes Live

July 29, 2025

PowerBank’s 3.79 MW Geddes Solar Project Goes Live, Powering New Bitcoin Treasury Strategy

July 29, 2025

Ika Launches Mainnet To Enable Native Cross-Chain Asset Control On Sui Blockchain

July 29, 2025

Floki registers an Micar compatible white paper with ESMA.

July 29, 2025

Use Dogecoin (DOGE) To Participate In DLMining Cloud Mining Bitcoin And Easily Achieve $5,000 In Daily Income

July 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Is it really possible to sell Memecoins?

July 29, 2025

Encryption Inheritance Update: July 2025

July 29, 2025

Charting the Course for the Future of Decentralized Platforms

July 29, 2025
Most Popular

According to the Washington Think Tank, Stay Blemoin can reverse the dislocation trend.

February 18, 2025

A UK bank official says that the risk of Stablecoin suggests the influence on the core financial market in the UK.

April 13, 2025

KLICKL leads the WEB3 claims in the Middle East on the global stage of the European Economic Council in 2025.

May 14, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.