Tag: Bhutan

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Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.

Bhutan is quietly unwinding one of the most unusual bitcoin experiments any government has ever run.The Royal Government of Bhutan transferred roughly 319.7 BTC...

Bhutan Moves More Bitcoin as Sovereign Stash Drops Below 4,000 BTC

Bhutan moved more Bitcoin from its sovereign-linked wallet on Thursday, further reducing its once sizeable BTC stash and extending its months-long selling. Arkham data showed...

Bitcoin treasury sell-off accelerates as Riot, Bhutan, and public companies exit positions

Those who rushed into bitcoin BTC$66,340.63 over the past two years are now heading for the exits and it’s not a great sign for...

How Much Bitcoin Has Bhutan Sold This Year? Arkham Updates 2026 Figure After Latest Move

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to recent on-chain data, Bhutan has continued to move Bitcoin from...

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

In brief Bhutan transferred 519.707 BTC worth $36.75 million to external addresses on Wednesday, continuing its 2026 sell-off. The kingdom's Bitcoin holdings have fallen 66% from...

Bhutan Moves 519 Bitcoin as Sovereign Wallet Drawdown Continues

Bhutan moved more Bitcoin from its state-linked wallet on Wednesday, extending a March drawdown in its sovereign holdings.Arkham data showed a Bhutan government-linked wallet...

Royal Government of Bhutan Moves 973 BTC in Latest Treasury Activity

The Royal Government of Bhutan transferred 973 bitcoin worth about $72.3 million over March 17–18, reflecting continued sovereign treasury management rather than abrupt liquidation....

Bhutan Keeps Selling Its Bitcoin, Reserves Sold By Over Half

Bhutan’s state-owned investment arm has steadily sold portions of the country’s Bitcoin reserves, moving about $42.5 million in BTC and USDT so...

Nansen to Set up Bhutan Entity in Gelephu Mindfulness City

Blockchain analytics company Nansen will establish a local entity and build a Bhutan-based team in Gelephu Mindfulness City (GMC), expanding into the kingdom as...

Bhutan Transfers $22M in Bitcoin Amid Market Downturn

In brief Bhutan transferred $22.4 million in Bitcoin over the past week, with transactions sent to Singapore-based market maker QCP Capital. The outflows included 184.03 BTC...