News with the tag "bhutan"

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.

The Bhutan government, through Druk Holding & Investments (DHI), continues strategic Bitcoin transactions, including recent sales via Binance, while maintaining significant holdings, leveraging its hydroelectric power for mining.

Bhutan transferred 137.245 BTC to an exchange, potentially signaling a sale, while maintaining a significant Bitcoin reserve as part of its national strategy.

Bhutan is partnering with Binance Pay to integrate cryptocurrency into its tourism economy, aiming to modernize financial transactions and attract more tourists.