{"id":70877,"date":"2026-04-09T09:59:46","date_gmt":"2026-04-09T09:59:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bhutan-state-bitcoin-wallet-drops-to-3954-btc-after-latest-sale-crypto-news-bitcoin-news\/"},"modified":"2026-04-09T09:59:46","modified_gmt":"2026-04-09T09:59:46","slug":"bhutan-state-bitcoin-wallet-drops-to-3954-btc-after-latest-sale-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bhutan-state-bitcoin-wallet-drops-to-3954-btc-after-latest-sale-crypto-news-bitcoin-news\/","title":{"rendered":"Bhutan State Bitcoin Wallet Drops to 3,954 BTC After Latest Sale \u2013 Crypto News Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Druk Holding &amp; Investments moved 319.7 <span>BTC<\/span> worth roughly $23 million on April 9, 2026.<\/li>\n<li>Bhutan\u2019s <span>bitcoin<\/span> reserves have dropped by 9,046 <span>BTC<\/span> since the reserve\u2019s 13,000 <span>BTC<\/span> peak.<\/li>\n<li>Onchain data shows no new mining inflows in over a year, signaling continued treasury drawdown by DHI.<\/li>\n<\/ul>\n<h2>Druk Holding &amp; Investments Moves $23M in <span>Bitcoin<\/span> in Latest Treasury Action<\/h2>\n<p>Onchain analytics firm Arkham Intelligence <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/druk-holding-investments\" target=\"_blank\" rel=\"noopener noreferrer\">tracked<\/a> the <a href=\"https:\/\/intel.arkm.com\/explorer\/tx\/61e1a19510403dae282d0492cb3e50c522afc2de46b005b15dceb11ff2264b3c\" target=\"_blank\" rel=\"noopener noreferrer\">outflow<\/a> from a Druk Holding-linked wallet to two destination addresses. One address has a documented history of routing funds through trading partners, including the <span>crypto<\/span> firms OKX and Galaxy Digital. The second appears to be a new intermediary or exchange deposit address.<\/p>\n<p>Onchain Lens <a href=\"https:\/\/x.com\/OnchainLens\/status\/2042092638594301995?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">flagged<\/a> the split and noted the historical connection to prior liquidations. The transfer follows a <a href=\"https:\/\/news.bitcoin.com\/bhutan-transfers-375-btc-in-latest-sovereign-bitcoin-drawdown\/\">series<\/a> of similarly sized moves in recent weeks. Bhutan sent roughly 374 <span>BTC<\/span> worth about $25 million approximately one week prior, and around 520 <span>BTC<\/span> worth about $37 million two weeks before that. Onchain data shows more than $200 million in outflows from Druk Holding wallets in 2026 alone.<\/p>\n<p>Bhutan\u2019s <span>bitcoin<\/span> holdings now stand at approximately 3,954 <span>BTC<\/span>, worth around $281 million at current prices. That figure represents a sharp decline from a peak of roughly 13,000 <span>BTC<\/span> accumulated between 2019 and late 2024. Moreover, no significant mining inflows have been recorded in more than a year. 9,046 <span>BTC<\/span> has been offloaded since the 13,000 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> zenith.<\/p>\n<p>Bhutan built its <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> reserve through state-backed mining operations powered by surplus hydroelectric energy, working with <a href=\"https:\/\/news.bitcoin.com\/sealminer-a4-series-debuts-as-bitdeer-hits-new-bitcoin-mining-efficiency-record\/\">Bitdeer<\/a>. DHI, the government\u2019s sovereign investment vehicle, funded and expanded those facilities, later partnering with Bitdeer Technologies to scale capacity. At peak holdings, the stash represented a meaningful share of Bhutan\u2019s roughly $3 billion economy.<\/p>\n<p>The transfers seemingly look like treasury management and profit-taking rather than distressed selling. Proceeds from earlier sales have reportedly funded domestic expenses, including civil servant pay increases. No official government statement has accompanied any of the recent transactions, consistent with Bhutan\u2019s low-profile approach to its <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> program.<\/p>\n<p>All transaction data is verifiable onchain through Arkham, Mempool.space, or other <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain-explorer\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain explorers<\/a> using the source address bc1q0ng7kkt7vt3smv82fe63tuqsq0mz5kzhptjs6x.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bhutan-state-bitcoin-wallet-drops-to-3954-btc-after-latest-sale\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Druk Holding &amp; Investments moved 319.7 BTC worth roughly $23 million on April 9, 2026. Bhutan\u2019s bitcoin reserves have dropped by 9,046 BTC since the reserve\u2019s 13,000 BTC peak. Onchain data shows no new mining inflows in over a year, signaling continued treasury drawdown by DHI. [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":70878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70877"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70877"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70878"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}