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Bhutan transfers another 100 BTC, totaling $230 million in BTC sales since the start of the year

2026-05-12 07:52

Odaily reported that according to Arkham monitoring, Bhutan has transferred another 100 BTC from its wallet, worth approximately $8.1 million.

Data shows that since the beginning of 2026, Bhutan has sold a total of approximately $230.39 million worth of BTC. The remaining BTC is valued at around $252 million, with an average monthly sale volume of about $50 million. Arkham stated that if sales continue at the current pace, its BTC holdings could be depleted by the end of September.

Furthermore, if all the remaining BTC were sold at the current price, Bhutan's on-chain cumulative profit from these BTC holdings would reach approximately $767 million.