Bitcoin market analysis showing Bhutan sales and ETF outflows impacting BTC price near $66,000
Blockchain News

Bhutan Bitcoin Sell-Off Coincides with $410M ETF Exodus: Market Pressure Builds

Thimphu, Bhutan – March 2025: The Royal Government of Bhutan executed approximately $30 million in Bitcoin sales during February, according to recent blockchain analysis, coinciding with significant institutional withdrawals from spot Bitcoin exchange-traded funds (ETFs). This dual pressure emerged as Bitcoin struggled to maintain momentum above the $66,000 resistance level, creating a complex market dynamic […]

Bhutan Bitcoin reserves strategy shift amid falling mining profitability and market prices.
Blockchain News

Bhutan Bitcoin Reserves: The Strategic Pivot as Mining Conditions Deteriorate

Thimphu, Bhutan – May 2025: The Kingdom of Bhutan, one of the world’s most unexpected entrants into sovereign cryptocurrency holdings, has begun trimming its Bitcoin reserves. This strategic move follows a period of declining mining profitability and softer global Bitcoin prices, prompting a recalibration of the nation’s digital asset strategy. Blockchain data confirms transfers exceeding […]

Bhutanese government Bitcoin strategy visualized through traditional and digital elements, highlighting the $8.3M QCP Capital deposit.
Blockchain News

Bhutanese Government Bitcoin: Strategic $8.3M Deposit to QCP Capital Reveals Crypto Treasury Shift

Thimphu, Bhutan – April 2025: A significant on-chain transaction has captured the attention of global cryptocurrency analysts. Blockchain intelligence firm OnchainLenz reported that a Bitcoin address, widely believed to be linked to the Royal Government of Bhutan, transferred 100.82 BTC, valued at approximately $8.31 million, to the institutional trading desk of Singapore-based QCP Capital. This […]

Bhutan government operates Sei network validator to expand national blockchain infrastructure
Bitcoin News

Bhutan’s Strategic Leap: Government Begins Operating Sei Validator to Expand National Blockchain Ecosystem

In a significant development for both national digital infrastructure and the global blockchain landscape, the Royal Government of Bhutan has officially begun operating a validator for the Sei (SEI) network. This strategic initiative, announced in early 2025, represents a calculated expansion of Bhutan’s national blockchain ecosystem through a collaboration between the nation’s sovereign wealth fund, […]