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Bhutan Moves $47M in Bitcoin, Holds $1.04B Reserve

Published by
Sohrab Khawas

The Royal Government of Bhutan transferred 419.5 BTC worth $47.2 million to a new wallet as part of active management of its Bitcoin reserves. Despite this move, Bhutan still holds 9,232 BTC valued at approximately $1.04 billion. The Himalayan nation has been building its crypto portfolio using hydropower mining and now ranks as one of the largest sovereign Bitcoin holders globally. This strategic management reflects Bhutan’s ongoing focus on its long-term digital economy goals.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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