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Royal Government of Bhutan Moves 596 BTC to Two Wallets, Total Transfers Reach 973 BTC

Bhutan records multiple Bitcoin transfers including 20.5 BTC sent to QCP Capital on March 18, 2026.

Sathish Kumar Kaliraj by Sathish Kumar Kaliraj
March 18, 2026
in Market Updates
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Royal Government of Bhutan Moves 596 BTC to Two Wallets, Total Transfers Reach 973 BTC
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  • 596 BTC ($44.44M) moved to 2 wallets
  • Total transferred: 973 BTC ($72.32M)
  • 20.5 BTC ($1.52M) sent to QCP Capital
  • Timestamp: 18 Mar, 2026 03:29:19 UTC
Royal Government of Bhutan Moves 596 BTC to Two Wallets
Royal Government of Bhutan Moves 596 BTC to Two Wallets

The Royal Government of Bhutan executed a transfer of 596 BTC, valued at $44.44 million, to two wallets. This transaction is part of a larger series of movements recorded on March 18, 2026 at 03:29:19 UTC.

In total, the government has moved 973 BTC, with a combined value of $72.32 million. These transfers include multiple transactions involving different destinations.  In a previous transaction, Royal Bhutan Government Transfers 377 BTC.

Among the recorded transfers, 20.5 BTC, valued at $1.52 million, was sent to QCP Capital. This transaction is included within the total 973 BTC moved. The data reflects the exact volume of Bitcoin transferred, associated USD values, and the specific allocation to wallets and entities. All movements occurred within the same recorded timestamp. All figures represent the recorded values at the time of the transactions on March 18, 2026.

Disclaimer: Cryip's content is strictly for educational and informational purposes and does not constitute financial, legal, or investment advice. Cryptocurrency involves significant risk, and readers assume full responsibility for their own financial decisions. Asset references are never endorsements.

To make complex crypto topics accessible to readers at all experience levels, our team uses AI tools strictly to refine language, correct grammar, and simplify terminology. AI is never used to draft facts, source information, or form conclusions. Every article is fact-checked and approved by a human editor before publication. Read our full AI Use & Content Policy.

Tags: BhutanBitcoin
Sathish Kumar Kaliraj

Sathish Kumar Kaliraj

Sathish Kumar Kaliraj is a crypto journalist and data analyst at Cryip, covering on-chain activity, market movements, and regulatory developments across the crypto industry. His reporting combines statistical analysis and blockchain data verification, drawing on certifications in data journalism, fact-checking (IFCN, Google News Initiative), and journalism fundamentals (NBC Universal Academy). His work has been cited by Coincu, Tech Times, and Bitcoinist.

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