#StrategicBTCReserve
Bhutan Sells 2,584 BTC to Fund National Projects
Bhutan’s government fund (Druk Holding & Investments, DHI) quietly sold 2,584 BTC — about $248 million — over the past 40 days. This trims its Bitcoin reserves from roughly 10,070 BTC to 7,486 BTC (still worth about $720 million). In other words, Bhutan liquidated about a quarter of its stash in one go, yet it remains one of the world’s top crypto holders.
Sale Details: DHI moved 2,584 BTC (~$248M) over 40 days, cutting its balance from ~10,070 to 7,486 BTC (currently ~$720M).
Purpose of Funds: The government says the proceeds will boost Bhutan’s own Bitcoin mining expansion and fund national priorities. Prime Minister Tobgay has noted that recent Bitcoin liquidations are being used to bolster mining operations, support healthcare programs, and raise civil servant salaries.
Global Ranking: Even after selling this stock, Bhutan still holds more Bitcoin than most countries — it’s 4th largest in the world. Only the U.S., the U.K., and North Korea hold more BTC, keeping Bhutan’s Bitcoin Reserve huge on the global stage.
This update shows Bhutan’s unique #BTCStrategy in action: mining and then selling some coins to finance national projects while still retaining a massive crypto reserve. 🚀
