Bhutan Moves $8.1M in Bitcoin as Sell-Off Continues – Decrypt

May 12, 2026 - 16:15
Bhutan Moves $8.1M in Bitcoin as Sell-Off Continues – Decrypt
In brief Bhutan moved 100 BTC ($8.1 million) out of holding wallets on Tuesday, per Arkham Intelligence data. The sovereign fund has sold $230 ,million in Bitcoin since January, drawing reserves down 70% from their late-2024 peak. Analysts say the steady sell-down reflects a “hold and optimize” sovereign treasury strategy. Bhutan has quietly offloaded another...

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