{"id":580941,"date":"2026-04-09T11:52:46","date_gmt":"2026-04-09T11:52:46","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/09\/bhutan-moves-a-further-23m-in-bitcoin-as-holdings-drop-by-70\/"},"modified":"2026-04-09T11:52:46","modified_gmt":"2026-04-09T11:52:46","slug":"bhutan-moves-a-further-23m-in-bitcoin-as-holdings-drop-by-70","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/09\/bhutan-moves-a-further-23m-in-bitcoin-as-holdings-drop-by-70\/","title":{"rendered":"Bhutan moves a further $23M in Bitcoin as holdings drop by 70%"},"content":{"rendered":"

\"Bhutan<\/p>\n

Bhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%.<\/p>\n

Bhutan moved more Bitcoin from its sovereign-linked wallet on Thursday, further reducing its once sizeable BTC stash and extending its months-long selling.\u00a0<\/p>\n

Arkham data<\/a> showed a wallet attributed to the Royal Government of Bhutan and its investment arm Druk Holding & Investment, transferred about 319 Bitcoin (BTC<\/a>), worth roughly $22.68 million, bringing total outflows since late October 2024 to more than 9,000 BTC.<\/p>\n

The transfer follows a series of recent wallet movements by the country flagged by Arkham. In March alone, the Bhutan-tagged wallet moved more than 1,667 BTC<\/a> (roughly $120 million), taking Bhutan\u2019s Bitcoin holdings from about 13,000 BTC in late 2024 to 3,654 BTC in April, according to Arkham Intelligence\u2019s tracking dashboard.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Bhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%. Bhutan moved more Bitcoin from its sovereign-linked wallet on Thursday, further reducing its once sizeable BTC stash and extending its months-long selling.\u00a0 Arkham data showed a wallet attributed to the Royal […]<\/p>\n","protected":false},"author":1,"featured_media":580942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-580941","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/580941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=580941"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/580941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/580942"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=580941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=580941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=580941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}