Bitcoin Transfer Bhutan Moves $32M

Bhutan Moves $32M Bitcoin Amid Strategic Reserve Plans

• Bhutan’s government transferred $32 million worth of Bitcoin to a new wallet.
• This is part of ongoing movements totaling $95 million in two weeks.
• Druk Holdings manages approximately 8,594 Bitcoin, valued at $729 million.
• The Gelephu Mindfulness City plans to include Bitcoin, Ether, and BNB in its strategic reserves.
• Bhutan has mined Bitcoin using hydroelectric resources since 2019, equating to 30.7% of its GDP.

Bhutan’s government transferred $32 million in Bitcoin today, marking the second movement in two weeks as part of a larger strategy involving $95 million. The Gelephu Mindfulness City plans to integrate digital assets into its reserves under a regulated framework.