Bhutan sells $42.5 Million of BTC in 2026 as national stack drops 58% from peak

Bhutan sells $42.5 Million of BTC in 2026 as national stack drops 58% from peak

The Himalayan kingdom moved another 175 BTC on Monday, continuing a drawdown that has taken its holdings from a peak of roughly 13,000 BTC to under 5,400 in just over a year.

Bhutan’s Bitcoin Sales: Renewable Energy Meets Fiscal Prudence

Bhutan’s strategic Bitcoin sales underscore a unique intersection of renewable energy, fiscal prudence, and cryptocurrency. The Himalayan kingdom’s latest transfer of 175 Bitcoin, valued at approximately $11.85 million, follows a well-documented pattern of periodic sales, typically ranging between $5 million and $10 million. This behavior suggests a disciplined approach to managing its Bitcoin… Source

Bhutan Keeps Selling Its Bitcoin, Reserves Sold By Over Half

Bhutan’s state-owned investment arm has steadily sold portions of the country’s Bitcoin reserves, moving about $42.5 million in BTC and USDT so far in 2026 through a small set of recurring counterparties. Data from blockchain analytics firm Arkham Intelligence shows that the Royal Government of Bhutan transferred 175 BTC, valued at $11.85 million, on Monday to an address that had previously received 184 BTC in February.  The February activity in…

Bhutan Moves $11.85M in Bitcoin From Sovereign Wallets as On-Chain Data Flags New Transfer

Bhutan moves 175 Bitcoin worth about $11.85 million from its sovereign wallets as blockchain data tracks ongoing treasury activity. Bhutan remains one of the largest nation state Bitcoin holders with about 5,400 BTC despite periodic transfers and sales. Bhutan built its Bitcoin reserves through hydro powered mining operations launched in 2019 using surplus energy from hydropower plants. Bhutan has transferred about 175 Bitcoin from wallets linke…

$12M Bitcoin Transfer From Bhutan Sparks Buzz as BTC Snaps Back Above $70K

The Royal Government of Bhutan has resumed moving Bitcoin after weeks of dormancy, transferring 175 BTC from its main holding address as Bitcoin climbed back above $70,000.