Summary
- Bhutan's Prime Minister Tshering Tobgay revealed that Bitcoin (BTC) is Bhutan's strategic reserve.
- Bhutan has been mining BTC through hydroelectric power since 2019 and currently holds BTC worth approximately $1.1 billion.
- Currently, BTC is trading at $90,899.21 on the Binance Tether market, up 3.07% compared to the previous day.
According to crypto media Cryptobasic on the 6th (local time), Bhutan's Prime Minister Tshering Tobgay revealed in an interview with Al Jazeera that "Bitcoin (BTC) is Bhutan's strategic reserve."
Previously, Bhutan has been mining BTC using hydroelectric power since 2019, and currently holds 13,029 BTC (worth approximately $1.1 billion).
Meanwhile, as of 00:51 on the 7th, BTC is trading at $90,899.21 on the Binance Tether (USDT) market, up 3.07% compared to the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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