Bhutan Launches 10,000 BTC Bitcoin Development Pledge for Gelephu Mindfulness City

Bhutan commits up to 10,000 BTC to support innovative economic hub, leveraging renewable energy and blockchain technology for national development. On December 17, Bhutan unveiled a national Bitcoin Development Pledge, committing up to 10,000 Bitcoin (up to $1 billion) to support the development of Gelephu Mindfulness City (GMC). The initiative, endorsed by His Majesty King … Read more

Bhutan and Cumberland DRW Sign MoU to Develop Digital Asset Infrastructure

Bhutan and Cumberland DRW have signed a memorandum of understanding to pursue a multi-year partnership focused on building digital asset and financial infrastructure within Gelephu Mindfulness City, according to an announcement released Monday. The agreement outlines cooperation on developing digital asset frameworks, infrastructure for digital asset activity and artificial intelligence computing, and potential yield-related initiatives … Read more

Bhutan Launches Gold-Backed Digital Token on Solana Blockchain

Gelephu Mindfulness City introduces sovereign gold-backed digital token TER, leveraging Solana blockchain to bring physical gold into the digital realm. Bhutan announced the launch of TER, a gold-backed digital token, on December 11, 2025, through Gelephu Mindfulness City (GMC). The token, whose name derives from the Dzongkha word for “Treasure,” will be issued on Solana’s … Read more

From Washington to the UK — Here’s How Governments Are Stockpiling Bitcoin

After scooping up more than 127,000 bitcoin, the U.S. wears the crown as the biggest nation-state or government holder of the world’s top crypto asset. Here’s a freshly updated rundown of the leading country-level bitcoin stashes and where they stand as of Oct. 19, 2025. Behind Closed Wallets: Governments Have Amassed Billions in Bitcoin As … Read more

Bhutan’s $1.3B Bitcoin Trove Stirs as 213 BTC Hits Binance Wallet

Onchain data reveals that the Royal Government of Bhutan and Druk Holdings just shifted roughly 213.5 BTC to a Binance deposit address—marking their first bitcoin move since late June. Bitcoin-Rich Bhutan Transfers Millions—Third-Largest Nation Holder on the Move After Thursday morning’s transaction, the Royal Government of Bhutan now holds 11,711 BTC, valued at $1.32 billion. … Read more

Lazarus Group’s Liquidation Spree Drops North Korea Below Bhutan in BTC Holdings

After the Royal Government of Bhutan quietly rearranged portions of its bitcoin holdings—holding 7,486 BTC on May 2—some 4,576 BTC has since returned to its reserves, bringing the kingdom’s total stash to 12,062 BTC ten days later. Meanwhile, North Korea’s Lazarus Group has been actively trimming its holdings, falling below Bhutan in the hierarchy of … Read more

Bhutan Goes Fully Crypto for Tourism in Historic Partnership With Binance Pay

Bhutan has partnered with Binance Pay and DK Bank to launch the world’s first national crypto-based tourism payment system, allowing visitors to use digital assets for everything from hotels to market purchases, boosting financial inclusion and innovation. Bhutan Becomes First Nation to Power Entire Tourism Sector with Crypto In a landmark move blending technology with … Read more

Royal Bitcoin Drain: Bhutan Quietly Dumps 2,584 BTC in 40 Days 

Roughly 40 days ago, Bitcoin.com News disclosed that the Royal Government of Bhutan, via Druk Holding and Investments (DHI), had moved 600 BTC, and at the time, held a balance of 10,070 BTC. Since that report, Bhutanese officials have evidently parted ways with 2,584 BTC—shedding approximately $248 million in digital assets. Bhutan’s Bitcoin Hoard Shrinks … Read more

From Test Transfers to Treasury Shifts—Bhutan Moves 600 BTC to an Unknown Wallet 

The Royal Government of Bhutan (Druk Holdings) has discreetly transferred approximately 600 bitcoin—equivalent to $52 million at prevailing BTC exchange rates—in a recent fiscal maneuver. Fourth Largest Nation State Bitcoin Holder Bhutan Moves $52M According to Arkham Intelligence data, the monarchy relocated 600 BTC on Monday, March 25, marking its first such action since mid-February, … Read more

Bhutan’s Sustainable Bitcoin Mining Fuels Salary Hikes, Healthcare Initiatives

Bhutan has quietly amassed nearly $1 billion in bitcoin reserves through sustainable hydroelectric mining, using the cryptocurrency to fund public services and positioning it as a strategic financial model for nations grappling with economic instability. How a Himalayan Kingdom Turned Bitcoin Into a Tool for Fiscal Resilience In a bold fusion of environmental stewardship and … Read more