Bhutan

Bhutan, the Himalayan kingdom known for its emphasis on Gross National Happiness, is strategically leveraging its abundant hydropower resources to fuel investments in green energy initiatives and Bitcoin (CRYPTO: BTC) mining, according to Ujjwal Deep Dahal, CEO of Druk Holdings and Investments, the...

Bhutan is contemplating the use of its hydropower resources for Bitcoin (CRYPTO: BTC) mining to stimulate its economy without compromising its environmental goals. What Happened:  In an interview with Reuters on Tuesday, Ujjwal Deep Dahal, CEO of Bhutan’s sovereign wealth fund, Druk Holding...

Bhutan’s prime minister backed government involvement in Bitcoin (CRYPTO: BTC) mining, stating that it could be a strategic decision with potential billion-dollar returns, according to a media report on Monday. What Happened: During an interview with Al Jazeera, Tshering Tobgay revealed that...

The Donald Trump administration is considering putting stringent travel restrictions on several countries, with citizens from up to 11 countries facing a total ban on entering the U.S. What happened: The draft list of recommendations included Bhutan in the "red" list, according to a New York Times...

A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in...

The Royal Government of Bhutan has transferred 406.074 BTC, valued at approximately $40 million, to QCP Capital, according to data from Onchain Lens. While the exact purpose of the transfer remains speculative, it is suspected to be linked to a potential sale. Bhutan’s government wallet...

While debate around the U.S. government's Bitcoin (CRYPTO: BTC) holdings continues and El Salvador's pioneering embrace hogs headlines, a small Himalayan nation nestled between India and China was quietly adding the top cryptocurrency to its reserves. What happened: According to a report by...

Crypto mining company Bitdeer Technologies Group (NASDAQ: BTDR) on Tuesday announced the completion of its state-of-the-art mining facility in Bhutan. The Singapore-based Bitcoin (CRYPTO: BTC) mining giant, founded by the Chinese crypto billionaire Jihan Wu, confirmed on Tuesday that...

Bhutan‘s investment arm Druk Holding and Investments, or DHI, has reportedly been mining Bitcoin (CRYPTO: BTC)  for a “few years” in an effort to diversify the country’s portfolio.  What Happened: The CEO of DHI, Ujjwal Deep Dahal, said that mining Bitcoin was part...

Technology drastically changes nearly every aspect of daily life. Likewise, health care changes rapidly, attempting to keep up with the latest technological advances, using new innovations as a valuable competitive edge. Until recently, drones have been used primarily in the entertainment, real...