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What will be the primary use of Bhutan's Bitcoin holdings by end of 2025?
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Resolution / Starting Odds
Held as reserves • 25%
Investment in infrastructure • 25%
Sold for fiat currency • 25%
Other uses • 25%
Official announcements or reports from Bhutan regarding Bitcoin usage
Story
Bhutan's Bitcoin Holdings Reach $1.1B, Over One-Third of GDP
Nov 22, 2024, 01:04 PM
Bhutan has amassed a significant amount of Bitcoin, with its holdings now valued at over $1.1 billion, representing more than a third of the nation's GDP. The country began mining Bitcoin in April 2019, utilizing its hydroelectric power, and now holds 12,207 BTC. Bhutan's Bitcoin per capita stands at approximately $1,500, significantly higher than El Salvador's $90 per capita, with El Salvador holding $575 million worth of BTC. The kingdom's strategy has been to mine and hold Bitcoin, contributing to its growing crypto fortune.
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Infrastructure investment • 25%
Debt repayment • 25%
Further Bitcoin investment • 25%
Other uses • 25%
Increase holdings • 25%
Sell holdings • 25%
Hold steady • 25%
Other • 25%
Increase holdings by over 20% • 25%
Decrease holdings by over 20% • 25%
No significant change • 25%
Unknown outcome • 25%
Price speculation • 25%
Economic necessity • 25%
Regulatory changes • 25%
Other • 25%
Increase • 25%
Decrease • 25%
Remain the same • 25%
Unknown • 25%
Less than 30% • 25%
30% to 35% • 25%
35% to 40% • 25%
More than 40% • 25%
Less than 30% • 25%
30% to 40% • 25%
40% to 50% • 25%
More than 50% • 25%