#government-sales2 articles

2 articles

CryptoBearishCoinDesk · 4d ago6/10

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

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.

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CryptoNeutralNewsBTC · 3d ago6/10

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Bitcoin Worth Nearly $12 Million Moved By Bhutan In Fresh On-Chain Activity

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.

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