Bhutan sells its bitcoins to finance its infrastructure

Bhutan has sold 973 bitcoins, worth approximately 72.3 million dollars, as part of a periodic sales strategy initiated in 2014 to finance its infrastructure. These sales, which have intensified in recent months, have halved the country's bitcoin reserve from 10,630 to 5,425 bitcoins. The accumulation of new bitcoins has slowed down, raising questions about the continuation of its mining activities, launched in 2019 thanks to its hydropower. Bhutan remains a major player in "green" mining and ranks among the world's leading holders of bitcoins.

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