Bhutan Holds Twice as Much Bitcoin as El Salvador, Says Arkham
Bhutan’s investment arm, Druk Holdings, reportedly holds 13,029 BTC, surpassing El Salvador’s 5,875 BTC. On-chain analytics platform Arkham revealed Bhutan’s Bitcoin holdings, largely from mining operations. Bhutan's BTC represents a quarter of its GDP, while El Salvador began acquiring Bitcoin in 2021. Both nations utilize renewable energy for mining, with Bhutan using hydroelectric power and El Salvador using geothermal energy.
It is because they mined nothing confiscated like others
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