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ForkLog 8 25.03.2026

Bhutan Government Transfers $37 Million in Bitcoin from Reserves

The Bhutanese authorities have transferred 519.7 BTC, valued at $37 million, to two addresses, one of which is associated with the trading firm QCP Capital.

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ForkLog 103 18.03.2026

Bhutan’s Sovereign Fund Withdraws Over $70 Million from Bitcoin Reserves

The Royal Government of Bhutan has transferred 973 BTC, valued at approximately $72.32 million, to several addresses, according to Arkham Intelligence data.

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ForkLog 108 10.03.2026

Arkham tracks asset moves by BitMine and Bhutan

As crypto markets rebound, institutional and sovereign holders are shifting reserves, Arkham says.

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ForkLog 176 13.02.2026

Bhutan Continues Bitcoin Sales from Reserves

The Bhutanese authorities have been selling bitcoins from their reserves for the third consecutive week. The latest sale of 100 BTC generated approximately $6.8 million, analysts at Arkham noted.

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ForkLog 280 05.02.2026

Bhutan Liquidates $22 Million in Bitcoin Reserves

The Bhutanese government has liquidated 284.8 BTC from its state reserves, valued at $22.3 million, according to analytics platform Arkham.

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ForkLog 194 21.01.2026

Bhutan to Deploy Node on Sei Blockchain

Sei Development Foundation and Bhutan's sovereign fund DHI have agreed to deploy a validator in the Sei network within the country.

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Bhutan Allocates 10,000 BTC for 'Mindfulness City' Development

ForkLog 283 17.12.2025

Bhutan Allocates 10,000 BTC to Build a ‘Mindfulness City’

The Kingdom of Bhutan has launched the Bitcoin Development Pledge program, committing up to 10,000 BTC (approximately $1 billion) to support the national economy.

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ForkLog 262 15.12.2025

Cumberland to Aid Bhutan in Launching National Stablecoin

Bhutan's GMC Special Economic Zone and Cumberland DRW have signed a memorandum of understanding. The partners will develop the crypto ecosystem.

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ForkLog 266 11.12.2025

Bhutan Launches Gold-Backed Token on Solana

The Special Administrative Region of Bhutan, the City of Mindfulness Gelephu, has launched the TER token on the Solana blockchain.

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ForkLog 258 14.10.2025

Bhutan to Transition National ID System to Ethereum

Bhutan will transfer its national digital identification system from Polygon to Ethereum, aiming to enhance data security.

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ForkLog 60 14.07.2025

Bhutan Transfers 512 BTC to Binance

Over the past four days, Bhutan’s authorities have transferred 512.84 BTC ($62.6 million) to a deposit address on the Binance exchange, according to Arkham. Source: Arkham. The transactions coincided with Bitcoin reaching a new all-time high price. Since July 10, the government has made six transfers to the same address. The latest transaction of 99 […]

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ForkLog 33 11.07.2025

Bhutan Transfers $23.7 Million in Bitcoin to Binance

On July 10, the government of Bhutan transferred 213.31 BTC ($23.7 million) to the Binance exchange, according to Arkham. The transaction occurred hours after Bitcoin’s price reached a historic high near $113,500. Source: Arkham. The exact reason for the transfer remains unknown. However, such deposits on centralized platforms typically precede asset sales. According to Arkham, […]

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