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Bhutan cuts Bitcoin holdings by 70%, selling over 9,000 BTC since late 2024

Market News
09 Apr 2026
Cointelegraph
View Source
Neutral
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Bhutan has sold more than 9,000 Bitcoin since late 2024, reducing its holdings by about 70% to under 4,000 BTC. The country moved an additional 319 BTC recently, continuing a trend of selling that started months ago. Bhutan initially built its Bitcoin stash through hydropower-powered mining as part of a green economy strategy and plans to use Bitcoin to support its Gelephu Mindfulness City development. Despite the sell-off, Bhutan remains the fifth-largest nation-state Bitcoin holder globally.

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