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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.

by Sathish Kumar K
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 is an independent media and research outlet providing news, data, and analysis on the cryptocurrency industry. Content is for informational and research purposes only and does not constitute financial, legal, tax, or investment advice. Cryptocurrency markets are volatile and past performance is not indicative of future results. References to specific assets, platforms, or incidents are for journalistic purposes only and do not imply endorsement, and readers assume full responsibility for their decisions.
Tags: BhutanBitcoinGovernment

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