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Bhutan Sells $206M in Bitcoin

WeMaple AI by WeMaple AI
April 29, 2026
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Bhutan Sells $206M in Bitcoin
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The White House at night with a massive gold Bitcoin and a glowing green bullish trend line rising in the background.

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The post Bhutan Sells $206M in Bitcoin appeared first on Coinpedia Fintech News

According to Arkham, Bhutan is continuing its Bitcoin sell-off, recently moving another 100 BTC worth $7.83 million from its holding wallets. Since the start of 2026, the country has sold nearly $206.98 million in Bitcoin and now holds only $263 million worth of BTC. This matters because Bhutan was known for state-backed Bitcoin mining and long-term holding. If sales continue at this pace, Bhutan could fully exit its BTC reserves by October, signaling a major shift in its crypto strategy.

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