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Royal Government of Bhutan Transfers 175 BTC Worth $11.85 Million

Blockchain records show the Royal Government of Bhutan moved 175 Bitcoin at 11:56:37 UTC, marking another major crypto treasury transaction following a recent 100 BTC transfer.

Sathish Kumar Kaliraj by Sathish Kumar Kaliraj
March 10, 2026
in Market Updates
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Royal Government of Bhutan Transfers 175 BTC Worth $11.85M
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  • Royal Government of Bhutan transferred 175 BTC
  • The transaction value was $11.85 million
  • Transfer occurred on 09 March 2026
  • Blockchain timestamp recorded at 11:56:37 UTC
Royal Government of Bhutan Transfers 175 BTC Worth $11.85M
Royal Government of Bhutan Transfers 175 BTC Worth $11.85M

The Royal Government of Bhutan transferred 175 BTC on 09 March 2026, according to the recorded transaction details. The transferred amount had a value of $11.85 million at the time the transaction was recorded. The movement represents another Bitcoin transfer linked to Bhutan.

Blockchain records show the transaction occurred at 11:56:37 UTC on March 9, 2026. The transfer involved a total movement of 175 BTC.

The recorded value of the transferred Bitcoin was $11.85 million, corresponding to the 175 BTC moved in the transaction.

This transaction marks another instance of Bitcoin being transferred by the Royal Government of Bhutan. The movement was recorded with a precise timestamp of 11:56:37 UTC. The transaction details show the full amount transferred was 175 BTC, with the total value listed as $11.85 million recently, Bhutan transferred 100 BTC worth $6.77 million in a treasury transaction.

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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