Bhutan Offloads 70% of Its Bitcoin Stash as Mining Activity Dries Up

Bhutan has sold over 70% of its Bitcoin (BTC) reserves over the past 18 months, raising questions about the future of its once-celebrated sovereign mining experiment. On-chain analytics from Arkham Intelligence paint a picture of steady, deliberate liquidation by the Himalayan kingdom’s state-owned investment arm. Bhutan’s Bitcoin Experiment Loses Steam Wu Blockchain reported that $215.7