39% of Bhutan's GDP is in Bitcoin
In one of the most surprising developments of the leading cryptocurrency’s ongoing bull run, the country of Bhutan has seen a remarkable 39% of its total GDP made up entirely of its Bitcoin investment. Indeed, the accumulation of BTC has now reached $1.14 billion for the small country. Located in the Himalayas, the small nation has seemingly followed the lead of El Salvador. The pro-Bitcoin nation made the crypto legal tender in 2021. Moreover, it has also seen its BTC investment surpass the $1 billion mark, showing the impact that digital assets can have on developing economies. JUST IN: 39% of Bhutan’s GDP is in #Bitcoin, totaling $1.14 billion. — Watcher.Guru (@WatcherGuru) November 20, 2024 Also Read: Bhutan’s Bitcoin Holdings Surpass $1 Billion Amid BTC Bull Run Bhutan Bitcoin Holdings Reach $1.14 Billion as It Dominates Nation’s GDP 2024 has been a monumental year for Bitcoin and should go down as its most important ever. The asset has seen its importance ...