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Himalayan Kingdom of Bhutan Discloses Secret Bitcoin Mining Activities

According to a recent Forbes report, DHL, the commercial arm of Bhutan's Royal Government, entered the Bitcoin mining industry by purchasing BTC when it was priced at $5,000. 

Druk Holding and Investments (DHI), which had not previously disclosed its early involvement in Bitcoin mining, has been revealed by DHL's CEO Ujjwal Deep Dahal. 

Dahal explained that the company is focused on mining digital assets, with a particular emphasis on BTC, within Bhutan. 

During the interview with The Bhutanese, Dahal revealed that DHI focused its mining activities on safer and higher profile crypto assets such as BTC and ETH. 

With Bitcoin as its primary target, DHI began mining when BTC was valued at $5,000.

Dahal confirmed that BlockFi and Celsius loans were used for investments and have been fully repaid. Remarkably, DHI has experienced no losses in digital asset investments, thanks to several factors.

(by Yuri Molchan)

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