- Royal Government of Bhutan moved 123.7 BTC worth approximately $8.5 million
- Transaction occurred on March 27, 2026 (06:21 UTC)
- Funds were transferred to a new wallet address
The Royal Government of Bhutan has moved 123.7 Bitcoin (BTC) valued at approximately $8.5 million to a newly created wallet address. Transaction occurred on March 27, 2026 (06:21 UTC). On-chain data shows that the transfer originated from a government-linked wallet and was sent to another address likely controlled by the same entity.
The movement of 123.7 BTC appears to be part of Bhutan. The Royal Government of Bhutan previously moved 519.7 BTC, valued at approximately $36.75 million, in an earlier transaction. This larger transfer highlights Bhutan’s ongoing active management of its Bitcoin reserves and strategic crypto holdings.
