Bhutan Offloads 738 Bitcoin Worth $44.88M as Sovereign Drawdown Meets a $60K BTC
In recent developments, the Royal Government of Bhutan has shifted another 738 bitcoin worth roughly $44.88 million on June 6, extending a months-long drawdown of the Himalayan kingdom’s state BTC…
DHI CEO Says Bhutan Has No Recollection of Selling BTC Despite Balance Drop F…
In recent developments, while reports tied to onchain-tracked wallets have widely circulated claims that Bhutan has been reducing its bitcoin holdings over the past year, Druk Holding and Investments (DHI)…
Bhutan Opens Accelerated Fintech Licensing With 0% Corporate Tax and Free Ban…
In recent developments, bhutan’s Gelephu Mindfulness City launched an accelerated licensing pathway on Tuesday, giving companies already regulated in Singapore, Abu Dhabi Global Market, or Hong Kong a direct route…
Bhutan’s GMC offers quick licenses, bank accounts to lure crypto firms
In recent developments, gelephu Mindfulness City in Bhutan is offering a faster licensing track with banking and zero‑tax incentives to attract regulated crypto firms willing to build long‑term operations. Looking…
Bhutan moves a further $23M in Bitcoin as holdings drop by 70%
In recent developments, 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%. Looking closer, market…
Bhutan Moves $37M in Bitcoin to Exchanges, Holdings Down Two-Thirds From Peak
In recent developments, with its latest transfer of Bitcoin to exchanges, Bhutan has reduced its sovereign holdings to 4,453 BTC from nearly 13,000 BTC in late 2024. Looking closer, market…
Bhutan offloads an additional $72.3M Bitcoin amid market downturn
In recent developments, after the Kingdom of Bhutan’s BTC reserve peaked in October 2024, when it held more than 13,000 coins, it has been pared to just 4,400 Bitcoin. Looking…
Royal Government of Bhutan Moves 973 BTC in Latest Treasury Activity
In recent developments, the Royal Government of Bhutan transferred 973 bitcoin worth about $72.3 million over March 17–18, reflecting continued sovereign treasury management rather than abrupt liquidation. Bhutan Continues Bitcoin…
Bhutan to Host National Sei Validator
In recent developments, sei Development Foundation and Bhutan’s DHI will deploy a Sei validator to boost national blockchain capacity. Sei Development Foundation and Druk Holding and Investments Ltd (DHI) announced…
Bhutan to deploy Sei validator in Q1, eyes tokenization collab
In recent developments, bhutan is adding to its growing list of blockchain initiatives. It already runs a Bitcoin mining operation and also launched a self-sovereign ID system powered by Ethereum.…
Ethereum Foundation sacks 20% of workforce amid strategic restructuring
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