Bhutan Government Moves $23.73M Bitcoin to Binance Again – Timing the Market?

Bhutan Government Moves $23.73M Bitcoin to Binance Again – Timing the Market?

Bhutan government moves $23.73M Bitcoin to Binance as BTC hits $112K ATH, maintaining 11,711 BTC worth $1.3B with superior market timing.

Bhutan Sells Bitcoin Smartly At $87K Average, While Germany Misses $2.67B In Profits

With Bitcoin prices rising impressively in mid-2025, at $111,170, new information reveals a strange difference in the moves of crypto selling between two governments, Bhutan and Germany.  The Royal Government of #Bhutan is way better at selling $BTC than the #German government.From June 19 to July 12, 2024, the #German government sold 49,858 $BTC($2.87B) at an average price of $57,600, which are now worth $5.54B — missing out on $2.67B in profi…

CoinStats - Bitcoin Sales: Bhutan’s Astounding Strategy O...

In a surprising twist that has captured the attention of the global crypto community, the small Himalayan kingdom of Bhutan has remarkably outmaneuvered economic powerhouse Germany in recent Bitcoin sales performance. This unexpected development, highlighted by on-chain analytics firm Lookonchain, offers a fascinating case study in national crypto strategy and market timing. It challenges conventional wisdom and provides valuable insights into h…

Bhutan government moves over $23 million in BTC to Binance deposit address amid new bitcoin all-time high: Arkham

The Royal Government of Bhutan transferred approximately 212.31 BTC ($23.61 million) to a deposit address of crypto exchange Binance on Thursday, …

Bhutan partners with Binance Pay to cement crypto-enabled travel

Thanks to a new partnership with Binance Pay, Bhutan is one of the world's most crypto-accessible destinations for tourists - with more that 1000 vendors now accepting cryptocurrency. Olivia Palamountain reports Richard Teng, CEO of Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, touched down in Bhutan in early July to launch the Kingdom’s official partnership with Binance Pay. Visitors to the Kingdo…