Stocktwits on MSN
Bhutan logs $72 million BTC outflow amid year long inflow drought
On-chain data showed the Royal Government of Bhutan transferred 973 Bitcoin valued at approximately $72.32 million on Wednesday. ・The transfer spanned 19 hours and involved multiple wallets, with the ...
Cryptopolitan on MSN
Bhutan quietly moves $42M in Bitcoin in 2026 while sitting on $374M crypto stash
Bhutan moved about $42 million in Bitcoin in 2026, including a recent transfer of 175 BTC valued at around $11.85 million.
Bhutan moved over $27 million in Bitcoin on March 17, marking its largest sell in weeks as the government continues gradual BTC offloading.
Druk Holding moved 973 bitcoin across two days amid speculation over the status of its state-backed mining operations.
Bhutan moves $12M in Bitcoin as transfers surpass $42M in 2026 while remaining the 7th largest sovereign BTC holder.
Experts and locals said the government’s push for cryptocurrency is driven by its own massive bitcoin reserves and not practical constraints.
The Himalayan kingdom moved another 175 BTC on Monday, continuing a drawdown that has taken its holdings from a peak of ...
In this context, the recent move by the Royal Government of Bhutan to sell nearly $12 million worth of Bitcoin appears ...
Bhutan is steadily selling portions of the country’s Bitcoin reserves, moving about $42.5 million in BTC and USDT so far in 2026.
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