Bhutan has made another transfer of 500 Bitcoins to cryptocurrency exchanges. This is not the beginning or the end of a series of transactions that have seen the overall outflows for 2026 rise considerably. The data from Arkham Intelligence, shows that Bhutan have been moving funds in line with the
The Bhutan Government has been gradually reducing its Bitcoin holdings since the start of the year, which has transferred BTC worth beyond $11 million on Monday, as part of the ongoing management of its state-backed crypto reserves amid recovering Bitcoin prices. On March 9, the on-chain intelligence platform Arkham Intel
Bhutan just sold more Bitcoin tokens in continuation of its 3-week selling pattern. The country still holds a considerable amount of the flagship token. The move has triggered speculation, considering BTC price has dropped below $67k. Nevertheless, sentiments for the future of bitcoin are bullish. Bhutan Sells More Bitcoin Tokens
Bhutan has shifted millions worth of Bitcoin from its sovereign wallets this week amid a broader crypto downturn that has seen its overall crypto asset holdings decline by more than 70% from its peak level of $1.14 billion. On-Chain analytics platform Arkham reveals that Bhutan’s sovereign investment arm, Druk Holding
The Kingdom of Bhutan will be implementing and operating a Sei Network validator in Q1, which will not only mark the beginning of a new era in the country’s blockchain plans, which are turning out to be quite ambitious, but will also ensure the nation stands out among the visionaries
The Himalayan kingdom is set to use a big part of its crypto assets to establish a one-of-a-kind economic hub in southern Bhutan. The Kingdom of Bhutan plans to utilise a significant portion of its national cryptocurrency assets, specifically 10,000 Bitcoins, for the development of Gelephu Mindfulness City, a new
Bhutan has made history by launching the world’s first national crypto tourism payment system, backed by Changpeng Zhao (CZ), founder of Binance. The initiative allows travelers to pay with cryptocurrency across Bhutan using the Binance Pay App, in collaboration with DK Bank. CZ publicly endorsed the move on X, describing
Bhutan, a country strategically located between China and India, is becoming a leader in sustainable crypto mining. It is leveraging its natural resources for a unique economic future. According to data from Arkram Intelligence, Bhutan has mined over $600 million in Bitcoin (BTC), which was powered by entirely clean hydropower.
After Strategy and Japan’s Metaplanet, the Royal Government of Bhutan is known for its Bitcoin accumulation. The Bhutan government is sparking concerns across the community with its latest Bitcoin transfers. Bitcoin is trading at the $87,500 price level after a couple of weeks of downtrend. In the past hour, the
In a significant move within the cryptocurrency landscape, the Royal Government of Bhutan has transferred 633 Bitcoin (BTC) to undisclosed addresses, igniting discussions about potential market implications. On January 17, 2025, blockchain analytics firm Arkham Intelligence reported that Bhutan’s government executed two substantial transactions: the first involving 255.26 BTC and
