The following is a list of Arkham dataBhutan’s Royal Government has sold another 102.446 Bitcoins, worth approximately $7.89million. Since the beginning of 2026, Bhutan has sold BTC worth about $206,98 million. Bhutan holds approximately $265 million in BTC. This amount could run out by the end of October if it continues to sell. The country also has ceased its BTC-mining operations. What could be happening?
Will Bhutan Sell All Its Bitcoin Holdings?
Bhutan appears to be derisking its portfolio in the face of larger market bearish forces. Bhutan held one of largest Bitcoins (BTC) at one time, but since then has drastically decreased its BTC exposure. Further, it appears that the country has slowed its BTC mining or even stopped them completely. Bhutan hasn’t seen major inflows of capital in over a year.
Bhutan’s decision to sell Bitcoin (BTC), which it has been mining since 2011, is not clear. There is also a possibility that Bhutan has reduced its BTC mining due to the economic stress. The network has also become more difficult to use since BTC dropped below $70,000.
Bitcoin (BTC), the cryptocurrency, is experiencing another correction in its price today. CoinGecko reports that BTC fell 2.1% during the last day and 2.9% over the week. The asset has still risen by 1% on the 14-day chart and is up 12.1% from the last month.
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Bitcoin (BTC), which reached $79,000 earlier in the week, has now fallen to $75,000 after a slight correction. This could be because the Federal Reserve kept interest rates the same after its latest FOMC meeting. The higher interest rates could be keeping risky assets away.
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Source: watcher.guru
