News like this is good news, the pity is that it is such a small country. Any medium-sized European city has more GDP than this country. Although it is logical that the pro bitcoin movement starts in small countries like El Salvador or Bhutan. Hopefully larger countries will join in over time, perhaps soon the USA.
I thought that they had just confiscated it like other countries, but they are freaking mining it? That's pretty wild, however i am not that confident that getting governments mining bitcoin is a good idea. These countries policy for mining can change over night with elections, and dumping / market suppression is a real threat.
And i doubt that many countries would go this road, as putting this much weigh on critical infra like electricity and depending on the income of that is risky as hell. Especially with countries like venezuela, that would risk their grid that's already unstable enough. And since electricity isn't cheap, it needs special conditions like mining occasionally with waste energy. That could actually work.