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Bhutan shifts Bitcoin strategy #bhutan #bitcoinmining #cryptomarket
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546 views12likes57chuckonchainOriginal Release: 2026-05-18

Bhutan, a small Himalayan kingdom, secretly mined over 13,000 BTC since 2019 using cheap hydroelectric power when BTC was around $5,000, accumulating a massive crypto fortune. Unlike other nations accumulating Bitcoin, Bhutan has been strategically selling portions of its holdings (over $200 million in 2026 alone) to generate fast liquidity for infrastructure modernization, while continuing to mine and accumulate because they believe Bitcoin could transform their economy long-term. This case demonstrates how sovereign nations can leverage natural resources like hydroelectric power for digital asset accumulation and use strategic selling to balance immediate development needs with long-term economic transformation goals.

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