Bhutan Kingdom Quietly Unwinds 70% of Its Bitcoin Reserve in 18 Months

TLDR: Bhutan reduced its Bitcoin holdings by 70%, from 13,000 BTC to 3,954 BTC, since October 2024.  Over $215.7 million in BTC has moved out of Bhutan’s holding addresses in 2026 alone.  Bhutan’s last Bitcoin mining inflow above $100,000 was recorded more than one year ago.  Bhutan’s remaining 3,954 BTC is now less than what [...]

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