Bhutan Moves Over $11 Million Worth of Bitcoin From Government Holdings, Arkham Data Shows
Bhutan's government has moved 175 BTC worth about $11.85 million (roughly Rs. 98 crore) from its national crypto holdings to a newly created wallet, according to Arkham Intelligence. Blockchain data indicates the receiving address had previously received Bitcoin from government-linked wallets. Analysts say such movements are often linked to internal treasury management or preparations for institutional sales. Bhutan is currently among the largest nation-state holders of Bitcoin.
