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Bitdeer Reports Robust Operational Performance for October 2023

Bitdeer Reports Robust Operational Performance for October 2023

Bitdeer Technologies Group, a leading Bitcoin mining company, has seen steady operational performance in October 2023, with strategic developments like Tydal Datacenter construction highlighting its long-term success.

Bhutan's $750M Bitcoin (BTC) Holdings Identified on Arkham

Bhutan's $750M Bitcoin (BTC) Holdings Identified on Arkham

Bhutan's $750M Bitcoin holdings from mining operations by Druk Holdings are now labeled on Arkham, making it the 4th largest government with BTC holdings.

Bhutan Embraces Bitcoin Mining with Green Energy

Bhutan Embraces Bitcoin Mining with Green Energy

Bhutan, known for its focus on "Gross National Happiness," has been quietly accumulating and mining Bitcoin with the help of its abundant hydroelectric power. The country is negotiating with Bitdeer to expand its mining operations further.

Bhutan Sovereign Investment Fund Invests Millions in Crypto

Bhutan Sovereign Investment Fund Invests Millions in Crypto

The sovereign investment arm of Bhutan, estimated to manage around $2.9 billion in assets, has invested millions in cryptocurrencies without disclosing it to the public. The investments were revealed after crypto firms BlockFi and Celsius filed for bankruptcy in 2022. BlockFi has filed a complaint against Druk Holding and Investments (DHI) to reclaim outstanding assets, alleging that the fund defaulted on its $30 million loan in March.

Ripple Labs to Provide Infrastructure for Establishing Bhutan’s Digital Ngultrum

Ripple Labs to Provide Infrastructure for Establishing Bhutan’s Digital Ngultrum

Bhutan has tapped the services of blockchain payments firms Ripple Labs Inc to design its Central Bank Digital Currency (CBDC), the Digital Ngultrum.

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