Bhutan Offloads 70% of Its Bitcoin Stash as Mining Activity Dries Up
Bhutan has bought over 70% of its Bitcoin (BTC) reserves over the previous 18 months, elevating questions concerning the future of its once-celebrated sovereign mining experiment. On-chain analytics from Arkham Intelligence paint an image of regular, deliberate liquidation by the Himalayan kingdom’s state-owned funding arm. Bhutan’s Bitcoin Experiment Loses Steam Wu Blockchain reported that $215.7…
