The Royal Government of Bhutan, which became one of the first sovereign Bitcoin miners by using surplus hydroelectric power, has moved 643 BTC worth over $45 million to external wallets over the past two days, according to Arkham Intel data<\/a>.<\/p>\n Bhutan once held more than 13,000 BTC and now appears to be systematically converting its digital reserves into capital.<\/p>\n Bitcoin traded at $66,500 at press time, down 4% in the last 24 hours, per TradingView.<\/p>\n Despite recent Bitcoin sales, Druk Holdings, the investment arm of the Bhutanese government, still holds 4,329 BTC, worth more than $290 million. This keeps Bhutan among the world\u2019s leading governments in terms of digital asset holdings.<\/p>\n The US continues to dominate global government Bitcoin holdings, controlling over 328,000 BTC valued at $22 billion, a growth fueled by last October\u2019s landmark seizure<\/a> of 127,271 BTC.<\/p>\n The case involving the Prince Group, a Cambodian-based transnational criminal organization accused of large-scale investment scams and human trafficking, has sparked international controversy, with China claiming the Bitcoin stash originated from a 2020 theft of mining assets linked to its firms, including LuBian, which has ties to Iran.<\/p>\n Disclosure:<\/strong> This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy<\/a>.\n <\/p>\n<\/p><\/div>\n![](\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2026\/03\/27070135\/Bhutan-moves-45-in-Bitcoin-in-two-days.png\")
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