Bhutan moves 250 BTC worth $18.46M to a new wallet, continuing sovereign Bitcoin outflows.

The Royal Government of Bhutan transferred 250 Bitcoin, valued at about $18.46 million, to a newly created wallet on April 13. This move extends a pattern of sovereign Bitcoin outflows by Bhutan, signaling possible strategic repositioning or liquidity management. The transfer highlights ongoing activity in Bhutan's Bitcoin holdings, which investors may watch for future government crypto policies or market impact.