Oh look, Bhutan is back in the crypto spotlight! This tiny Himalayan kingdom, which has been quietly hoarding Bitcoin like a dragon with gold, is now selling off a chunk. Why? Because Bitcoin just hit a new all-time high of $123K, and, well, if you’ve got a stash of 11,411 BTC, you don’t just let it sit there, do you? 😉
According to Lookonchain (because, apparently, that’s a thing), Bhutan sold 512.84 BTC over the last four days. That’s about $59.47 million! Not bad for a country that could probably fit inside the parking lot of a mid-sized US state. 🏞️ But don’t worry, they’re not *completely* sold out. Bhutan still holds about $1.4 billion worth of Bitcoin. You know, for a rainy day. Or for another strategic sale when the price hits $250K. 📈
The Royal Government of #Bhutan has been accelerating its $BTC sales!
In the past 4 days alone, #Bhutan sold 512.84 $BTC($59.47M) — selling every day.
They still hold 11,411 $BTC($1.4B).
— Lookonchain (@lookonchain) July 14, 2025
A History of Strategic Selling
Oh, and let’s not forget that Bhutan’s not a Bitcoin newbie. They’ve been playing the crypto game for a while now, quietly selling portions of their BTC stash when the market’s looking strong. How very stealthy. 🦸♀️ According to Arkham Intelligence (I promise that’s a real thing), Bhutan’s been selling at the perfect moments during Bitcoin rallies, cashing in while looking like the smart, silent type. 😏
The kingdom started mining Bitcoin back in 2019, courtesy of their state-owned Druk Holding & Investments (or DHI—because what sounds better than holding investments in an acronym?). With all that clean hydropower power, Bhutan’s been mining Bitcoin like it’s their day job. And frankly, it’s been paying off quite well, considering Bitcoin’s ever-growing value. ⚡
Bhutan vs Other Nations
Meanwhile, over in Germany, they sold 49,858 BTC too early and missed out on a cool $2B. Oops. 😬 El Salvador, on the other hand, has just refused to sell any Bitcoin at all, probably because they’re holding out for the moon or something. 🌝 But Bhutan? They’ve got a strategy: mine, hold, and sell… selectively. Like a well-dressed investor at a cocktail party. 🍸
It’s not just about the big stash of BTC; Bhutan also holds smaller amounts of ETH, BNB, and MATIC, because why not diversify? Because who *wouldn’t* want to be the world’s most balanced crypto investor? 🙄
Bhutan’s Balanced Bitcoin Gameplan
Now, this recent Bitcoin sell-off? It looks like Bhutan’s timed it for the perfect rebound in price. Selling at the right moment is key, and let’s be honest, they’re doing it for national development. So yes, they’re making a *lot* of money, but they’re also *thinking* about the future. It’s a win-win, really. 💡
They mine their own BTC, keep a healthy reserve, and cash out every now and then to fund the kingdom’s next big project. But don’t think for a second they’re abandoning ship. Oh no, Bhutan’s not *completely* out of the game. They’re just being clever about it, thank you very much. 🧠
Plus, did I mention they mine Bitcoin using clean energy? Because they’re not just raking in profits—they’re actually reinvesting in their future. Bitdeer and the Gelephu Mindfulness City are just a few of the projects Bhutan’s funding. Talk about doing it all! 🏙️
In conclusion, Bhutan’s selling Bitcoin now because, well, the price is right. They’ve got profits to make, and a future to fund. No big deal, just another day in the life of a crypto-savvy nation with a penchant for high-altitude profits. 🏔️
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2025-07-14 13:04