Bhutan moves a further $23M in Bitcoin as holdings drop by 70%

Bhutan moves a further $23M in Bitcoin as holdings drop by 70%

2.79%TRX$0.3177 0.03%LINK$8.76 4.82%ADA$0.2507 2.83%BCH$441.10 1.02%XRP$1.32 3.76%ETH$2,180 3.23%BTC$71,169 0.75%XMR$331.52 2.76%BNB$602.69 1.70%XLM$0.154 5.52%SOL$82.17 2.76%HYPE$38.90 0.98%USD Written by Christina Comben,Staff EditorReviewed by Bryan O'Shea,Staff EditorBhutan moves a further $23M in Bitcoin as holdings drop by 70%1 hour agoBhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%. Bhutan moved more Bitcoin from its sovereign-linked wallet on Thursday, further reducing its once sizeable BTC stash and extending its months-long selling. Arkham data showed a wallet attributed to the Royal Government of Bhutan and its investment arm Druk Holding & Investment, transferred about 319 Bitcoin (BTC), worth roughly $22.68 million, bringing total outflows since late October 2024 to more than 9,000 BTC. The

Source: https://cointelegraph.com/news/bhutan-offloads-a-further-23m-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound