$92-Million Bitcoin Transfer: Bhutan Shuffles 800 BTC Amid Price Drop

$92-Million Bitcoin Transfer: Bhutan Shuffles 800 BTC Amid Price Drop

The Royal Government of Bhutan has once again moved a large batch of Bitcoin, sparking talk across the crypto market. Nearly 800 BTC, valued at about $92 million, was shifted on August 18, 2025, into two new wallets. The move added to a series of transactions made earlier this month and has fueled speculation about whether the Himalayan kingdom is preparing to sell. Third Transaction This Month This is not the first time Bhutan has drawn attenti…

Bhutan trims $92 million in Bitcoin amid market dip – MAXBIT

The Royal Government of Bhutan has cut its Bitcoin exposure by selling more than $92 million of the top digital asset during the recent market downturn. On Aug. 18, blockchain analysis platform Onchain Lens reported that Bhutan moved 799.69 BTC, valued at approximately $92.06 million, into two new wallets. According to the firm, these transfers...