🏔️ Bhutan vs. Germany: Who’s the Smarter Bitcoin Seller?
While the German government famously dumped 49,858 BTC between June 19 and July 12, 2024, at an average price of $57,600 — missing out on a $3B+ gain — the Royal Government of #Bhutan is playing it way smarter.
Just 2 hours ago, Bhutan deposited 100.215 $BTC (≈$11.83M) to Binance from address
32jhgBZ8hjVrrYaEQmz75BBve6rxdVyuR8.
In the past year, Bhutan has sold 2,262 #BTC (≈$200.46M) in 6 strategic batches at an average price of $88,612, way higher than Germany’s average.
And they’re not done yet — Bhutan still holds a hefty 11,611 BTC worth around $1.37 billion.
Moral of the story: It’s not just what you sell… it’s when you sell.