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#sovereign-holdings News & Analysis

3 articles tagged with #sovereign-holdings. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

3 articles
CryptoBearishCoinDesk ยท Apr 116/10
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Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.

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 sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.
$BTC
CryptoBearishDecrypt โ€“ AI ยท Mar 266/10
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Bhutan Moves $37M in Bitcoin to Exchanges, Holdings Down Two-Thirds From Peak

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.

Bhutan Moves $37M in Bitcoin to Exchanges, Holdings Down Two-Thirds From Peak
$BTC