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Royal Government of Bhutan Moves 519.7 BTC Worth $36.75M

Bhutan transfers 519.7 BTC worth $36.75M to two wallets and one linked to QCP Capital.

Sathish Kumar Kaliraj by Sathish Kumar Kaliraj
March 25, 2026
in Market Updates
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Royal Government of Bhutan Moves 519.7 BTC Worth $36.75M
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  • The Royal Government of Bhutan moved 519.7 BTC.
  • Total value of the transfer was $36.75 million.
  • Funds were sent to two wallets.
  • One wallet is linked to QCP Capital.
  • The transaction occurred on 25 Mar, 2026 at 03:48:31 UTC.
Bhutan Government Moves 519.7 BTC Worth $36.75M
Bhutan Government Moves 519.7 BTC Worth $36.75M

The Royal Government of Bhutan executed a transfer of 519.7 BTC, valued at $36.75 million. The movement involved distribution of funds across two separate wallets (March 25, 2026, at 03:48:31 UTC), along with an additional wallet identified as being linked to QCP Capital.

The transaction was recorded on March 25, 2026, at 03:48:31 UTC. No further details regarding the purpose or subsequent activity of the funds were provided.

A total of 519.7 BTC worth $36.75 million was moved by the Royal Government of Bhutan to multiple destinations, including two wallets and one associated with QCP Capital, at the specified timestamp. The Royal Government of Bhutan previously moved 596 BTC in a transaction on March 18. This earlier movement occurred prior to the latest transfer of 519.7 BTC on March 25, 2026.

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Disclaimer: Cryip’s content is strictly for informational purposes and does not constitute financial, legal, or investment advice. Asset references are not endorsements, and readers assume full responsibility for any financial decisions.
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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