Wu Blockchain (@WuBlockchain): Bhutan has sold 70% of its Bitcoin holdings over the past 18 months.

Bhutan has sold 70% of its Bitcoin holdings over the past 18 months. Bhutan has sold 70% of its Bitcoin holdings over the past 18 months. Arkham data reveals that the country's stash has dropped from roughly 13,000 BTC in October 2024 to the current 3,954 BTC (worth approximately $280.6 million), with $215.7 million in BTC transferred out this year alone. Furthermore, it's been over a year since Bhutan recorded a mining inflow exceeding $100,000, suggesting that the kingdom may have halted its hydropower-backed Bitcoin mining operations.