Bhutan Cashes out $33.5B in Bitcoin, Still Holds $1.11B in BTC

Bhutan is fifth among countries holding BTC, after the United States, China, the United Kingdom, and Ukraine. Other nations are also benefiting from the current bull market. El Salvador, for example, one of the first countries to approve Bitcoin as tender, is using the surge as an opportunity to clean up some of its national debt burden and fund ambitious projects such as its planned Bitcoin City.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.