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⛓️ Crypto🔴 BearishImportance 6/10
Bhutan sells $42.5 Million of bitcoin in 2026 as national stack drops 58% from peak
🤖AI Summary
Bhutan has sold $42.5 million worth of bitcoin, moving 175 BTC on Monday as part of an ongoing drawdown. The country's bitcoin holdings have dropped 58% from a peak of 13,000 BTC to under 5,400 BTC over just one year.
Key Takeaways
- →Bhutan moved another 175 BTC on Monday, continuing its systematic bitcoin sell-off.
- →The country's bitcoin stack has fallen 58% from its peak of roughly 13,000 BTC.
- →Bhutan's current holdings are now under 5,400 BTC after the recent sales.
- →The drawdown has occurred over just one year, representing a significant reduction in the nation's crypto reserves.
- →Total bitcoin sales have reached $42.5 million as the Himalayan kingdom reduces its cryptocurrency exposure.
Read Original →via CoinDesk
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