News with the tag "Bhutan"

The Royal Government of Bhutan transferred 517 Bitcoin (worth approximately $59.23 million) to a Binance-linked wallet, signaling a strategic move in digital asset management and potential government crypto adoption.

The Royal Government of Bhutan sold $60 million worth of Bitcoin in four days but still holds a significant amount, while its Ethereum holdings remained unchanged despite price gains.

Bhutan has been transferring significant amounts of Bitcoin, with over $170 million moved in recent days, while still holding a substantial reserve of 11K BTC valued at $1.280 billion, maintaining its position as the 5th largest Bitcoin holder globally.

Bhutan has sold $59.47 million worth of Bitcoin (512.84 BTC) in the past four days as BTC prices surged to $123,000, while still holding 11,411 BTC valued at over $1.4 billion.

The Royal Government of Bhutan is strategically selling Bitcoin during its all-time high to fund national development projects while retaining a significant reserve, reflecting a balanced approach to cryptocurrency investment.

The Royal Government of Bhutan transferred 100 Bitcoin (BTC) worth approximately $11.9 million to Binance, signaling a strategic move in government crypto adoption and highlighting the role of blockchain analytics in tracking such transactions.

Bhutan has transferred over $50 million worth of Bitcoin to Binance, signaling its strategic engagement with cryptocurrencies, possibly for treasury management or investment purposes.

The Royal Government of Bhutan transferred 213.5 BTC to a Binance deposit address, marking its first Bitcoin move since late June, while holding a total of 11,711 BTC valued at $1.32 billion.

Bhutan's strategic Bitcoin sales outperformed Germany's by achieving higher average prices through staggered transactions, highlighting different national approaches to managing crypto reserves.

Bhutan's government transferred 212.31 BTC worth $23.61 million to Binance, highlighting its strategic approach to Bitcoin as part of its long-term economic planning and digital asset management.