Bhutan Denies Bitcoin Reserve Sales

ThimphuBhutan’s Druk Holding and Investments says it doesn’t recall selling any bitcoin.

Tracked wallets show a drop from 13,000 to 3,100 bitcoin since October 2024, per Arkham Intelligence.

The kingdom pledged 10,000 bitcoin to the Gelephu economic zone but tracked wallets show only 3,100 remain.

Sources: CoinDesk