Bhutan’s Bitcoin holdings, now 30% of its GDP as of April 2025, stem from strategic mining since 2019, leveraging its abundant hydroelectric power, which accounts for 99.5% of its electricity and 30% of its GDP (Forbes, 2024).
The country’s $750 million Bitcoin stash, grown from mining when Bitcoin was $5,000, has outpaced El Salvador’s $335 million, despite Bhutan’s smaller population of 782,000 versus 6.3 million (Forbes, 2024).
Amid economic struggles and brain drain, Bhutan sold $100 million in Bitcoin in 2023 to double civil servant salaries, positioning it as a global leader in cryptocurrency adoption (Al Jazeera, 2025).
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