Bhutan Gov’t Moves $74M in BTC to Binance as Price Hits New Highs

Is Bhutan Cashing In? $74M Bitcoin Transfer to Binance at $120K+ Peak

The post Is Bhutan Cashing In? $74M Bitcoin Transfer to Binance at $120K+ Peak appeared on BitcoinEthereumNews.com. Bhutan’s government sent $74M in Bitcoin to Binance during a price surge. Druk Holding manages over 11,400 BTC, powering reserves with hydro mining. Transfers reflect a strategy to leverage crypto for national economic goals. The government of Bhutan has sent $74 million in Bitcoin to Binance at a time when the cryptocurrency i…

Bhutan Government Transfers Additional Bitcoin Worth Millions to Binance Exchange

The Royal Government of Bhutan moved 650 Bitcoin worth $74.24 million to cryptocurrency exchange Binance over a two-week period, according to Cointelegraph. The latest transaction involved 99.47 Bitcoin valued at $12.05 million, completed through the country's investment arm Druk Holding. Blockchain analytics platform Onchain Lens tracked these movements on Monday.The Bhutanese government wallet had remained inactive for two weeks before initiat…

Bhutan gov’t moves $74M in BTC to Binance as price hits new highs

The Royal Government of Bhutan transferred 650 BTC worth $74.24 million to Binance amid Bitcoin’s record-breaking rally to $120,000.