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Bhutan is using hydropower-driven Bitcoin mining to fund government salaries, healthcare, and environmental projects while maintaining carbon neutrality. With over 10,600 Bitcoin worth $660 million, Bhutan positions itself among the top five government Bitcoin holders globally. Bhutan, the small kingdom, is embracing a new kind of treasure—Bitcoin. With a national BTC reserve valued at around $660 million, Bhutan is setting a precedent in digital finance, leveraging hydropower-driven Bitcoin mining to fuel its economy. JUST IN: 🇻🇳 Bhutan’s PM tells how strategic #Bitcoin reserve helped finance their nation’s expenses 🙌 pic.twitter.com/4rm08vM3J1 — Bitcoin Magazine (@BitcoinMagazine) March 6, 2025 Prime Minister Dasho Tshering Tobgay views Bitcoin beyond an investment. He highlighted its role in funding public services, including healthcare and environmental initiatives, while emphasizing its primary function in financing government salaries. We have used Bitcoin for health, to provide free health care for our environment, but these are minor. The main use of Bitcoin has been to finance the salaries of public servants, Bhutan’s Bitcoin mining farms are strategically placed across the country, relying entirely on hydropower from the Himalayas. Unlike conventional mining, which raises environmental concerns, Bhutan’s operation remains carbon neutral, using renewable energy to generate millions in weekly revenue. Bhutan Bets on Bitcoin — Can Digital Assets Revive Economy? While El Salvador was the first country to make Bitcoin a part of its national reserve, Bhutan’s model presents a unique approach. For a country of just 770,000 people, where large-scale manufacturing and agriculture face significant challenges, the shift toward digital assets provides a much-needed economic boost. Bhutan’s efforts to embrace digital finance extend beyond Bitcoin mining. The country recently launched Gelephu Mindfulness City, a special economic zone designed to attract foreign investment. The initiative aligns with Bhutan’s vision of sustainability, innovation, and economic resilience. Bhutan’s Gelephu Mindfulness City Pioneers Adoption…

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Filed under: News - @ March 7, 2025 4:20 am