Bhutan

Druk Holding and Investments transferred 175 BTC worth approximately US$11.85 million on March 10, bringing Bhutan’s total 2026 bitcoin sales to roughly US$42.5 million across BTC and USDT transactions. Bhutan’s holdings have dropped from approximately 13,000 BTC at their late-2024 peak to about 5,400 BTC, a 58% decline conducted without public explanation through institutional counterparties.

Bhutan transferred about 175 Bitcoin worth roughly $12 million on Monday, pushing the total value of government-related Bitcoin movements this year to more than $42 million, according to blockchain analytics platform Arkham. The transfer came from one of the country’s primary holding wallets as Bitcoin traded near $68,500. Arkham said Bhutan periodically moves Bitcoin in

The Bitcoin Development Pledge aligns with the king’s vision of applying modern digital technologies to serve the people of Bhutan and future generations. The Kingdom of Bhutan has taken its adoption of bitcoin (BTC) a step further by allocating a portion of its reserves to the development of its new special administrative region, Gelephu Mindfulness

While the US has adopted a Bitcoin reserve, other nations indicate similar interest. Notably, Bhutan, a South Asian country, has strategically positioned Bitcoin as a pillar of its national development. Bhutan Uses Bitcoin to Fund Public Services and Salaries Bhutan currently holds over $1.1 billion worth of Bitcoin (BTC), making it the fifth-largest nation-state holder

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