📌 Bhutan Gov Moves $50M+ in BTC — What’s Cooking?

🚨 JUST IN: The Royal Government of Bhutan, through its sovereign wealth arm Druk Holding & Investments (DHI), just moved over 449 BTC (≈ $50M) to Binance in multiple chunks this week.

🔍 Key Details:

Biggest transfers:

~100 BTC ($11.9M) → Binance (3x in 3 days)

~208 BTC ($23M) → Binance (4 days ago)

Bhutan still holds ~11,600 BTC ($1.3B+) — one of the largest government BTC reserves on the planet!

The country mines BTC using 100% renewable hydropower, funding education, healthcare, and national salaries.

🌍 Context: Bhutan secretly started mining BTC in 2017. The kingdom later confirmed it uses crypto to diversify income and boost GDP. With Bitcoin at all-time highs, are they cashing out at the top, or just reallocating for bigger plays?

📈 Why it matters:

Whale deposits to CEXs often signal possible selling pressure.

Bhutan’s stash makes it a state-level BTC whale that could impact short-term volatility.

Some say Bhutan is showing how green crypto mining can be a national strategy.

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🤔 What’s Bhutan’s BTC Gameplan?

📢 Your turn: