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Bhutan denies selling Bitcoin despite blockchain data showing a sharp drop in holdings since 2024

Market News
16 May 2026
Bitcoin
View Source
Neutral
pluang ai news

Blockchain analytics firm Arkham Intelligence reported that Bhutan's Bitcoin holdings dropped from 13,000 BTC in October 2024 to about 3,121 BTC today. However, Bhutan's state investment arm Druk Holding and Investments (DHI) CEO Ujjwal Deep Dahal stated he does not recall any Bitcoin sales this year. Arkham's data is based on AI-labeled wallets, but these have not been officially verified by Bhutanese authorities. The discrepancy raises questions about the accuracy of onchain tracking versus official statements, while Bhutan continues to mine Bitcoin powered by hydropower. This situation highlights challenges in verifying sovereign crypto asset movements and may impact investor trust in blockchain data analytics.

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SIM swapping scams rise, risking your phone and bank security—learn how to protect yourself now.

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TRADEMARK wins Bronze Eventex Award for outstanding Adobe MAX event production in 2026

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Others
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Superformance launches limited edition GT40 series celebrating 1966 racing victories with only 66 cars worldwide.

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Global HPV vaccines market set to grow at 8% CAGR, reaching $18.4B by 2034 due to rising HPV-related cancers and vaccination programs.

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The global HPV vaccines market is projected to grow at a compound annual growth rate (CAGR) of approximately 8% from 2026 to 2034, reaching an estimated market size of $18.4 billion by 2034. This growth is driven by the increasing prevalence of HPV-a...

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