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Bhutan sells $23M more Bitcoin, cutting reserves by 75% amid rising nation-state BTC holdings.

Market News
01 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

The Royal Government of Bhutan sold $23 million worth of Bitcoin this week, continuing a sell-off that has reached over $200 million in 2026 alone. Bhutan's Bitcoin reserves have dropped from a peak of 13,000 BTC in 2024 to about 3,220 BTC now, a 75% reduction. This contrasts with a 26% increase in Bitcoin holdings by other nation-states since last October. Bhutan's halt in Bitcoin inflows suggests it may have stopped mining, which it previously used hydropower to support. Despite Bhutan's sell-off, the broader Bitcoin market shows mixed signals, with spot demand contracting and futures rising, indicating potential price volatility ahead.

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Cortea raises €12M to launch AI tools enhancing audit quality and efficiency for firms in UK, US, and Germany.

Cortea raises €12M to launch AI tools enhancing audit quality and efficiency for firms in UK, US, and Germany.

Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...

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Cortea raises €12M to help auditors use AI without losing quality

Cortea raises €12M to help auditors use AI without losing quality

Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...

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Hong Kong launches 'Summer Fun' with events, discounts, and exclusive offers to boost tourism this summer.

Hong Kong launches 'Summer Fun' with events, discounts, and exclusive offers to boost tourism this summer.

Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign featuring a series of vibrant summer events including the 50th Sun Life Hong Kong International Dragon Boat Festival, Pixar Summer Fest, and a major football event with top Euro...

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Hong Kong launches "Summer Fun" with citywide events and massive deals through August.

Hong Kong launches "Summer Fun" with citywide events and massive deals through August.

Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign, featuring festivals, family attractions, sports events, and exclusive summer deals valid until August 31. Highlights include the 50th Sun Life Hong Kong International Dragon Bo...

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XTransfer named to FXC Intelligence’s Top 100 Cross-Border Payments Companies for 2026 again

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XTransfer has been recognized for the second consecutive year in FXC Intelligence’s 2026 Top 100 Cross-Border Payments Companies list, highlighting its role in advancing global B2B payment solutions. The company, serving over 890,000 enterprises in 2...

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