Friday May 22, 2026

Bhutan Executes $11.85M Bitcoin Transfer as Royal Government Repositions BTC Holdings

Bhutan Executes $11.85M Bitcoin Transfer as Royal Government Repositions BTC Holdings

by Jamie Redman March 9, 2026 1 min read

(Originally posted on : Bitcoin News )

On Monday, with bitcoin changing hands at $68,600 a coin, the Royal Government of Bhutan quietly nudged 175 bitcoin—about $12 million—across the ledger. Bhutan’s latest maneuver follows its previous transfer in mid-February 2026. Bhutan Moves $11.85M in Bitcoin Onchain data tracked by Arkham Intelligence shows Bhutan shifting 175 BTC worth $11.85 million at current exchange […]

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