Bhutan Executes Second Bitcoin Transaction in Just One Week

In a remarkable move, Bhutan has completed its second Bitcoin transfer this week, totaling $22 million and marking a significant shift in its holdings.

In an intriguing development within the cryptocurrency landscape, Bhutan has conducted its second Bitcoin transfer within a single week, amounting to a substantial $22 million. This transaction has contributed to the country's current standing as the seventh-largest holder of Bitcoin among nation-states.

Previously, Bhutan's Bitcoin reserves were noted at an impressive 13,295 BTC in October 2024. However, recent movements have seen this figure diminish to approximately 5,700 BTC. Such a decrease highlights the dynamic nature of the cryptocurrency market and the strategic decisions being made by Bhutan as it navigates its digital asset portfolio.