ChainCatcher report: The Bhutanese government address transferred $11 million worth of Bitcoin from its holding address two hours ago. The last such transaction occurred a month ago, when they sold $7 million in BTC via QCP Capital. Bhutan regularly sells portions of its Bitcoin in batches ranging from $5 million to $10 million, with a particularly intense selling period in mid-to-late September 2025.
Bhutan Government Transfers $11 Million in Bitcoin from State Holdings
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Summary
The Bhutan government transferred $11 million in Bitcoin from its state holdings, adding to a $7 million Bitcoin news event reported by QCP Capital last month. The country continues to sell Bitcoin in batches ranging from $5 million to $10 million, with peak government crypto regulatory activity occurring in mid- to late September 2025. The latest move demonstrates ongoing management of state-held digital assets.
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