Gate News bot message, Bhutan's government has stepped up its Bitcoin divestment activities, selling 512.84 BTC valued at $59.47 million over a four-day period. The latest transaction occurred when the Central Government of Bhutan transferred 100.215 BTC ($11.83M) to cryptocurrency exchanges.
Historical data shows that Bhutan has disposed of 2,262 BTC ($200.46M) through six separate transactions during the past year, with an average selling price of $88,612. Following these recent sales, Bhutan's Bitcoin holdings now stand at 11,411 BTC, equivalent to approximately $1.4 billion.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bhutan Accelerates Bitcoin Sales, Liquidates 512.84 BTC in Four Days
Gate News bot message, Bhutan's government has stepped up its Bitcoin divestment activities, selling 512.84 BTC valued at $59.47 million over a four-day period. The latest transaction occurred when the Central Government of Bhutan transferred 100.215 BTC ($11.83M) to cryptocurrency exchanges.
Historical data shows that Bhutan has disposed of 2,262 BTC ($200.46M) through six separate transactions during the past year, with an average selling price of $88,612. Following these recent sales, Bhutan's Bitcoin holdings now stand at 11,411 BTC, equivalent to approximately $1.4 billion.