PANews reported on May 12 that according to Fortune magazine, Ujjwal Deep Dahal, CEO of Bhutan's sovereign wealth fund Druk Holdings & Investments (DHI), said in an exclusive interview that although the fund only manages US$3 billion (only 1% of Singapore's Temasek), it is creating a differentiated advantage through the "green energy + Bitcoin" combination strategy. Bhutan uses its abundant hydropower resources to carry out Bitcoin mining, starting with a unit price of less than US$10,000 in 2019. The current Bitcoin price is approaching US$100,000. DHI also invested in a 2.5 GW hydropower station and supporting data centers to support the construction of the government-planned "Gilep Mindfulness Special Economic Zone".
Bhutan's sovereign wealth fund DHI CEO: Creating differentiated advantages through the "green energy + Bitcoin" combination strategy
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