Bhutan
Bhutan's Bitcoin treasury holdings and investment strategy
Treasury & valuation
Reported Bitcoin holdings and share of the fixed supply
Bitcoin holdings
Reported Bitcoin treasury balance
Bitcoin ownership
Share of the fixed 21 million BTC supply
Frequently Asked Questions
Understanding Bhutan's Bitcoin treasury
How much Bitcoin does Bhutan hold?
Bhutan holds 10,769 BTC, or 0.051% of the fixed 21 million BTC supply. It ranks 6th among gov Bitcoin holders tracked by Newhedge.
What is the value of its Bitcoin treasury?
The latest estimated value is $735,830,801. This equals 0.0% of the company's market value. The valuation moves with Bitcoin's price; it does not represent cash available to spend.
What is its total Bitcoin cost basis?
The reported total cost basis is $539,770,711. The current unrealized return is 36.32%. Cost basis is the total acquisition cost, rather than the price paid for one Bitcoin.
How are the charts and financial statements converted?
BTC is the default display, with USD and sats available. USD-denominated values are converted using the Bitcoin close on the observation or reporting date; one BTC equals 100 million sats. Share counts, percentages and valuation multiples retain their original units. Missing prices, statements or share counts remain unavailable, and gaps are preserved.
Related treasuries
Matched by holder type and BTC holdings.
