⛓️ Crypto🔴 BearishImportance 6/10

Bhutan sells $42.5 Million of bitcoin in 2026 as national stack drops 58% from peak

CoinDesk|Shaurya Malwa|March 10, 2026 at 05:09 AM

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🤖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.

Mentioned Tokens

$BTC$69,893▲+3.2%

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#bhutan #bitcoin #btc #government-sales #national-reserves #crypto-selloff #institutional

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