Bhutan, a small South Asian country, owns over $1.1 billion in Bitcoin and has adopted a crypto reserve strategy in one of its cities to attract foreign investment and strengthen its economy amid a widening fiscal deficit. This move could set an example for other smaller nations, demonstrating how utilizing renewable energy sources for bitcoin mining can bolster economies. With a population of around 770,000, Bhutan is positioned to take advantage of its abundant hydropower resources, previously employing them for bitcoin mining since 2019. Experts suggest that this initiative could inspire other countries with ample energy resources to follow suit, particularly in the context of geo-political uncertainties and foreign exchange volatility. Bhutan's creation of Gelephu Mindfulness City, a special economic zone, further highlights the potential for digital asset accumulation to attract international investments. This strategy signifies a shift in how smaller nations can navigate economic challenges through the adoption of cryptocurrencies.

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