The Royal Government of Bhutan recently transferred 800 BTC, equivalent to approximately $92.08 million, while retaining a significant reserve of 9,969 BTC.
Strategic Moves by Bhutan in Cryptocurrency
Bhutan continues to make periodic transactions through its sovereign wealth fund, Druk Holding and Investments (DHI), which is actively engaged in crypto assets. These transactions often go under the radar yet attract attention from analysts and investors.
Growing Crypto Portfolio of Bhutan
The Himalayan kingdom's involvement with Bitcoin is not a recent development. Since 2019, Bhutan has quietly invested in digital assets, placing it among the few nations with a significant crypto reserve.
Future of Bitcoin Holdings in Bhutan
It remains unclear what prompted the recent transfer of 800 BTC, with possibilities ranging from portfolio rebalancing to domestic initiative funding. This also reflects the maturing role of digital assets within sovereign strategies.
Bhutan's actions highlight its intent to remain a significant player in the global crypto narrative, which continues to draw the interest of both institutional investors and nation-state observers.
