Why is Bhutan selling its Bitcoin holdings?

Bhutan's cashing out mined BTC to fund its economy — think public salaries, infrastructure. Hydropower mining's cheap, sales are pragmatic.

What are Bhutan's current Bitcoin holdings?

As of latest Arkham data, 3,774 BTC, down sharply from 13,000 peak.

Will Bhutan stop mining Bitcoin?

Unlikely — cheap hydro keeps it viable. But expect continued sales to balance books.

🔗 Crypto & Blockchain

Bhutan's Bitcoin Exodus: $18M Moved as Holdings Crater from 13K to Under 4K

Picture this: tiny Bhutan, tucked in the Himalayas, just wired $18 million in bitcoin to fresh wallets. Holdings? Down 70% from peak. Who's winning here?

theAIcatchup Apr 10, 2026 4 min read

Visualization of Bhutan transferring $18 million Bitcoin to new wallet on blockchain

⚡ Key Takeaways

Bhutan's BTC holdings slashed 70% to 3,774 amid ongoing outflows. 𝕏
Sales fund national budget; pragmatic over purist HODL. 𝕏
Echoes other nations' crypto pivots — states prioritize fiat needs. 𝕏

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theAIcatchup

Markets. Money. Innovation.

#Arkham Intelligence #Bhutan Bitcoin #crypto holdings #nation-state crypto

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Originally reported by The Block

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