Bhutan, a small kingdom nestled in the Himalayas, built a sizable Bitcoin (CRYPTO: BTC) reserve without ever buying any coins. At its October 2024 peak, Bhutan's Bitcoin reserve reached around 13,000 ...

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Bhutan's tracked Bitcoin holdings collapsed from 13,000 to 1,750 BTC, with $230 million in outflows recorded through May 2026. Bhutan mined its Bitcoin using hydroelectric power, giving it more ...