Bhutan transferred a total of 751,309 BTC worth 74 million USD in two separate transactions. The government still holds about 11,145 BTC, valued at 1.1 billion USD, indicating active management of its cryptocurrency assets.
The country’s strategy includes mining Bitcoin using its hydroelectric power, and it has engaged in multiple transactions involving cryptocurrencies like Ethereum. Bhutan’s proactive approach reflects its long-term commitment to building significant crypto reserves.