Bhutan Sells 70% of Its Bitcoin Reserves as Mining Slows to a Halt
From fxleaders.com
Bhutan has sold over 70% of its Bitcoin (BTC) reserves in the last 18 months, casting doubt on the future of its once-heralded pioneering sovereign mining experiment. According to Arkham Intelligence’s on-chain analysis, the Himalayan kingdom’s public investment arm carried out a methodical, slow liquidation According to Wu Blockchain, in just 2026, $215.7 million in Bitcoin was moved from the kingdom’s wallets. Additionally, according to the most recent data from Arkham, Bhutan transferred an extra 250 BTC about eighteen hours ago. The wallet now holds almost 3,774 BTC after this transfer, a significant decrease ...
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