The post Bhutan Cuts Bitcoin Holdings by 70% Over 18 Months appeared first on Coinpedia Fintech News
Bhutan has sold about 70% of its Bitcoin holdings over the past 18 months, with Arkham data showing its stash shrinking from roughly 13,000 BTC in October 2024 to 3,954 BTC, now worth around $280.6 million. About $215.7 million of that reduction happened this year alone, indicating active liquidation. Additionally, it’s been over a year since the country saw any mining inflows above $100,000, suggesting its hydropower-powered Bitcoin mining operations may have slowed or stopped altogether.
Source: https://coinpedia.org/crypto-live-news/bhutan-cuts-bitcoin-holdings-by-70-over-18-months/
