The Himalayan kingdom confirmed it has quietly been running a bitcoin mining operation as mystery surrounds the scale of its earlier cryptocurrency investments. AFP via Getty ImagesThe Himalayan kingdom confirmed it has been running a bitcoin mining operation as mystery surrounds the scale of its earlier cryptocurrency investments. The Singapore-based firm — one of the world’s largest bitcoin miners — listed on the Nasdaq earlier this month through a $1.1 billion merger with a blank check company. Druk’s recent annual reports and balance sheets make no mention of its digital asset portfolio, or bitcoin mining operations. “It's no surprise that entities are mining bitcoin in Bhutan.

Source: Forbes May 01, 2023 07:30 UTC