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JUST IN: Bhutan Reduces Bitcoin Reserves by 70%, but Maintains Ethereum
BTC sales, which began in 2024, have caused Bhutan to drop from 4th to 7th place among countries with the most Bitcoin.
The Kingdom of Bhutan is accelerating the sale of its Bitcoin (BTC) reserves, accumulating a drop of nearly 70% since October 2024, when it reached its peak, according to records from Arkham Intelligence.
The Bhutanese government has not sold its ETH holdings so far in 2026.