11 articles tagged with #bhutan. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
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.
Bhutan moved 250 BTC on April 13, 2026, as the nation's total outflows reached $240 million year-to-date. The country's bitcoin holdings have declined 73% from their October 2024 peak, signaling a major shift in its crypto asset strategy.
Bhutan has liquidated 70% of its bitcoin holdings over 18 months, reducing its portfolio from 13,000 BTC to 3,954 BTC, with $215.7 million sold this year alone. The nation appears to have also ceased its bitcoin mining operations, with no significant inflows recorded in over a year, signaling a strategic shift away from cryptocurrency assets.
Bhutan has moved approximately $18 million in bitcoin to a new wallet, marking the latest in a series of outflows that have reduced the nation's holdings from a peak of 13,000 BTC to 3,774 BTC. This continued liquidation pattern raises questions about Bhutan's bitcoin strategy and long-term commitment to its cryptocurrency reserves.
Bhutan has transferred $37 million worth of Bitcoin to exchanges, reducing its sovereign Bitcoin holdings to 4,453 BTC from nearly 13,000 BTC held in late 2024. This represents a two-thirds decline from the country's peak Bitcoin reserves, indicating significant selling activity by the nation.
Circle faced market selloff despite analyst support, while Bhutan liquidated $37M in Bitcoin and Bitmine expanded holdings with $145M in Ethereum. The article covers multiple cryptocurrency market movements and institutional positioning changes.
Bhutan moved 175 BTC worth $11.85 million from its main national holding address to a new wallet created just one month ago, according to blockchain analytics platform Arkham. The new wallet had already received 184 BTC from the government prior to this transfer, indicating continued institutional Bitcoin accumulation.
Bhutan moved 175 Bitcoin worth $11.85 million from its government wallet, continuing a pattern of selling $5-10 million batches to fund public services. The kingdom has built its 5,400 Bitcoin holdings through hydroelectric-powered mining since 2019, making it the seventh-largest sovereign Bitcoin holder globally.
Bhutan has been steadily selling its Bitcoin reserves throughout 2026, moving approximately $42.5 million worth of BTC and USDT. The country has sold over half of its Bitcoin holdings, representing a significant reduction in the nation's cryptocurrency reserves.
Bhutan has moved $11.8 million worth of Bitcoin from its national reserves according to Arkham Intelligence data. The small Himalayan kingdom has accumulated approximately 13,000 Bitcoin since beginning state-backed mining operations in 2019, powered primarily by its abundant hydroelectric energy resources.
Bhutan has moved nearly $12 million in bitcoin as part of ongoing 2026 outflows. This movement is significantly smaller compared to Bhutan's $60 million bitcoin transfer over four days in July 2024.
