Cryptocurrency26 Mar 2026SEO 801 min read

Analysis: Bhutan moves another 500 bitcoin to exchanges as 2026 outflows top $150 million

The Royal Government of Bhutan transferred 519.707 BTC on Wednesday, the latest in a series of increasingly large moves that have taken its holdings from a pea…

The Royal Government of Bhutan transferred 519.707 BTC on Wednesday, the latest in a series of increasingly large moves that have taken its holdings from a peak of roughly 13,000 BTC to 4,453. Bhutan has accelerated sales from its state-owned bitcoin reserves, moving about $152 million worth of BTC so far in 2026, including a 519.7 BTC transfer worth $36.75 million on Wednesday. The kingdom's holdings have fallen roughly 66% from a late-2024 peak of about 13,000 BTC to 4,453 BTC, as larger…

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