Bhutan’s Bitcoin Ballet: A $120M Waltz of Fiscal Folly?
On the fateful day of March 27, a modest 123.7 BTC, valued at a mere $8.5 million, was transferred from the royal coffers to a new address. This act, though seemingly insignificant, follows a pattern as predictable as the changing seasons. Bhutan, ever cautious, prefers to sell in modest batches of $5-10 million, lest it disturb the delicate balance of the crypto market. A strategy, one might say, as subtle as a whisper in a monastery.


