The Himalayan kingdom of Bhutan has transferred another 250 BTC (approximately $18.5 million) from its state treasury. This is the sixth major outflow in 2026.



Figures:
- Last transaction: 250 BTC (approximately $18.46M)
- Total sales in 2026: 3,247 BTC (approximately $240.4M)
- Remaining reserves: approximately 3,524 BTC (approximately $261M)
- Drop from peak: 73% (13,000 BTC โ†’ 3,524 BTC)

Bhutan had become one of the world's largest state holders of BTC through hydroelectric mining via Druk Holding. There has been no new production for the past year, only gradual selling.

The sales are not panic-driven, but rather planned treasury management: funds are being redirected to infrastructure projects such as Gelephu Mindfulness City. By selling in small increments ($5-10M), they are minimizing market impact.

Market implications: government sales are creating supply pressure, but Bhutan's remaining stock is now limited. A 70% reduction from the 2024 peak is nearing completion โ€” which could mean government-driven selling pressure will ease in the coming months.
$BTC โ€Œ
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YamahaBlue
ยท 4h ago
Thanks my friend for sharing good information ๐Ÿ‘
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MasterChuTheOldDemonMasterChu
ยท 4h ago
Steadfast HODL๐Ÿ’Ž
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MasterChuTheOldDemonMasterChu
ยท 4h ago
Just charge and you're done ๐Ÿ‘Š
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ybaser
ยท 5h ago
To The Moon ๐ŸŒ•
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ybaser
ยท 5h ago
2026 GOGOGO ๐Ÿ‘Š
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Juno_
ยท 7h ago
To The Moon ๐ŸŒ•
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ShainingMoon
ยท 7h ago
To The Moon ๐ŸŒ•
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ShainingMoon
ยท 7h ago
To The Moon ๐ŸŒ•
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ETH_HunTer
ยท 7h ago
2026 GOGOGO ๐Ÿ‘Š
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not_queen
ยท 7h ago
To The Moon ๐ŸŒ•
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