Bhutan Transfers $92 Million Worth of Bitcoin, Maintains Large Reserve

Bhutan recently moved approximately $92 million worth of Bitcoin (800 BTC), marking a significant shift in its crypto holdings strategy. Despite this transfer, the government retains an impressive reserve of over 9,969 BTC, valued at roughly $1.15 billion. This move by Bhutan’s sovereign wealth fund, Druk Holding and Investments (DHI), is part of a larger trend of periodic movements regarding their Bitcoin portfolio. These strategies are often discreet, but closely monitored by blockchain experts.