The Bhutanese government's Bitcoin holdings have fallen to 5,400 BTC, a 58% decrease from a peak of 13,000 BTC at the end of 2024, CoinDesk reported. Amid the drop in Bitcoin's price, the value of the...

The Bhutanese government's Bitcoin holdings have fallen to 5,400 BTC, a 58% decrease from a peak of 13,000 BTC at the end of 2024, CoinDesk reported. Amid the drop in Bitcoin's price, the value of these holdings has also declined from $1.5 billion to its current level of $374 million. Previously, Lookonchain reported that a wallet presumed to belong to the Bhutanese government transferred 175 BTC ($11.85 million) early today, likely for selling.

Bhutan government's BTC holdings down 58% from peak

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