Bhutan Sold 2.584 BTC, Still the 'King' of Bitcoin: Positive Signals for Long-Term Crypto?

In the past 40 days, as of 06/05/2025, the Development Investment Fund #Bhutan (DHI) has quietly sold 2.584 Bitcoin (BTC), raising approximately 248 million USD, reducing its balance from 10.070 BTC to 7.486 BTC (valued at 720 million USD, with Bitcoin at 94,800 USD). Nevertheless, Bhutan still holds the 4th position in the world in terms of BTC ownership, after the US, UK, and North Korea, affirming its important role in the crypto market.

Smart Strategies and Long-Term Vision

The Bhutanese government stated that the money from the sale $BTC is being used to expand Bitcoin mining farms and invest in healthcare and civil servant salaries, demonstrating a strategy of balancing finance and technology. With 7.486 BTC remaining, Bhutan continues to maintain strong potential, especially as the Bitcoin mining sector in the country is developing thanks to renewable energy (currently contributing 2% of GDP). This reinforces Bhutan's position as a pioneering nation, supporting Bitcoin prices (forecasted to reach 120,000 USD) and the crypto ecosystem in the next 5-10 years.

Positive Signals for the Market

Bhutan's participation, although it has reduced its holdings, remains a significant driving force. Institutional cash flow (Bitcoin ETFs attracted 1.8 billion USD last week) and projects like $ETH (soon upgrading Fusaka) benefit from this trend. Bhutan is not only a holder but also a builder of the crypto future, opening up opportunities for sustainable growth.

Risk Warning: Crypto investments carry high risks due to price volatility and legal uncertainties. Please consider carefully before participating. #anhbacong