What are Bhutan's current Bitcoin holdings?

Down 70% from peak — exact figure murky, but post-$23M move, they're lean. Chain trackers say under $10M left

Why did Bhutan start holding Bitcoin?

Hydro mining. Green BTC from rivers. Sovereign wealth play. Peaked fast, crashed faster.

Nah. Warning shot. Big players like US might test. But small fries

Wallets flicker. $23 million in Bitcoin bolts from Bhutan's reserves. Holdings? Down 70% from their giddy peak — and yeah, it's not pretty.

theAIcatchup Apr 09, 2026 3 min read

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Markets. Money. Innovation.

#Bhutan Bitcoin #Bitcoin sales #Bitcoin sell-off #crypto holdings #nation-state crypto #on-chain analysis

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Originally reported by The Block