Bhutan Sells Another $25 Million In Bitcoin As National BTC Stack Shrinks Further

On Tuesday, the Royal Government of Bhutan transferred 374.9 BTC (worth $25.18 million) to external addresses, extending a sell-off that has slashed its state-owned Bitcoin reserves by more than 66% since their late 2024 peak. According to data from Arkham Intelligence, the tiny Himalayan nation transferred the funds to an address beginning with “bc1q0” at […]...