Bhutan Bitcoin Holdings Decline by 70% in 18 Months; Mining Status Remains Uncertain
Bhutan transferred 319.7 BTC worth approximately $22.68 million to two wallet addresses. 250 BTC moved to a wallet previously linked to sales through Galaxy Digital and OKX. Bhutan’s bitcoin holdings dropped from around 13,000 BTC in October 2024 to 3,954 BTC. This represents a 70% reduction in sovereign BTC reserves over 18 months. Data shows … Continue reading Bhutan Bitcoin Holdings Decline by 70% in 18 Months; Mining Status Remains Uncertain
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