Portfolios

Bhutan Bitcoin Holdings

portfolio value 235 M $
names 1
since last snapshot +700 K $
snapshot 21 min
book kind
Portfolios
held by
state
followers
38
author updated
May 27, 2026

about

Bhutan Bitcoin Holdings is the sovereign BTC reserve of Bhutan's Royal Government, managed by state investment arm Druk Holding and Investments. The reserve is 100% Bitcoin, self-generated through hydroelectric-powered mining since 2019, not bought or seized. On-chain data tracked by Arkham shows holdings down ~70% from an October 2024 peak, as Bhutan funds the Gelephu Mindfulness City project.

The holder writes this note themselves — the desk neither translates nor verifies it.