Bhutan's Strategic Move for Bitcoin Worth $92 Million 🚀💰🇧🇹
The royal government of Bhutan has transferred 799.69 Bitcoin (~$92 million) to two new wallets, and the funds are likely headed to Binance 🔄💹.
This move comes as part of a clear strategy for managing digital assets, which includes:
Diversifying national reserves ⚖️💵 to reduce risks.
Funding national projects 🏗️🎓🏥 such as infrastructure, education, and health.
Exploiting market timing ⏱️📈 to achieve the best returns.
Bhutan started accumulating Bitcoin in 2019 📅, relying on buying during dips and selling at peaks or when needed for national projects, reflecting smart and transparent management of digital assets 🌏🔍💎.
