Category: Bhutan
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Bhutan Transfers Fresh $49 Million In Bitcoin To Binance – What’s Behind The Move?
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The Royal Government of Bhutan is still making strategic use of its Bitcoin assets. On December 10, the government Sent 502 Bitcoinor about $49.42 million, to two platforms, Binance and QCP Capital. Blockchain tracking service Arkham Intelligence says this is the latest scheduled sale aimed at maximizing profits by taking…
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Bhutan Govt Sells $66 Million In Bitcoin On Binance: Arkham
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The Royal Government of Bhutan has transferred approximately 929 bitcoins (BTC), worth approximately $66.16 million, to cryptocurrency exchange Binance. Lookonchain data service first I mentioned Transaction via X. The transfers took place in two tranches: an initial 100 BTC (about $7.1 million) at 9:09 AM UTC, followed by an additional…
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Bhutan Govt Sells $66 Million In Bitcoin On Binance: Arkham
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The Royal Government of Bhutan has transferred approximately 929 bitcoins (BTC), worth approximately $66.16 million, to cryptocurrency exchange Binance. Lookonchain data service first I mentioned Transaction via X. The transfers took place in two tranches: an initial 100 BTC (about $7.1 million) at 9:09 AM UTC, followed by an additional…
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Bhutan – Another Country Using Bitcoin To Escape Poverty
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Having invested in startups for over twenty years, I have a deep respect for entrepreneurs trying to build a company. It’s very difficult. Most of the time, it doesn’t work. Of course, developing an entire country is more difficult. Many leaders in developing countries don’t even try. They are exploiting…
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Bhutan Reveals $780M Bitcoin Stash From State-Funded Mining
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In the heart of the Himalayas, a small, landlocked country has quietly emerged as a global powerhouse in the crypto world. Known for its serene landscapes, rich cultural heritage, and commitment to environmental conservation, Bhutan has now added another feather to its cap — a massive Bitcoin (BTC) reserve worth…
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Bhutan Reveals $780M Bitcoin Stash From State-Funded Mining
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In the heart of the Himalayas, a small, landlocked country has quietly emerged as a global powerhouse in the crypto world. Known for its serene landscapes, rich cultural heritage, and commitment to environmental conservation, Bhutan has now added another feather to its cap — a massive Bitcoin (BTC) reserve worth…