Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.
Burns Brief
The kingdom's holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215 Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
The kingdom's holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215.7 million moved out this year alone. Its last mining inflow over $100,000 was recorded more than a year ago.
Key Takeaways
- The kingdom's holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215
- Its last mining inflow over $100,000 was recorded more than a year ago