CryptoBlog n.2263
The Royal Government of Bhutan's investment arm, Druk Holdings, holds 13k BTC worth over $750m, making it the fourth largest government with Bitcoin holdings. Unlike other countries, Bhutan's holdings don't come from seizures, but from Bitcoin mining operations, which started at $5,000 per BTC. Electricity tariffs in Bhutan cost just $0.015 to $0.032 per kWh, compared to the $5.96 per kWh in Hawaii.