The Royal Government of Bhutan recently transferred 799.69 BTC (worth around $92.06 million) to new wallets, likely destined for Binance, continuing a pattern of strategic Bitcoin sales. This follows earlier moves, including a 650 BTC transfer in July, indicating a deliberate approach to managing its cryptocurrency holdings. Possible motivations include diversifying national reserves, funding development projects, or capitalizing on favorable market conditions. Bhutan reportedly began accumulating Bitcoin as early as 2019, demonstrating long-term planning by buying low and selling strategically. These actions reflect growing government engagement with crypto, showcasing how nations can integrate digital assets into financial strategies. The transparency of blockchain allows clear tracking of such institutional moves, reinforcing crypto’s evolving role in global finance. Bhutan’s approach serves as a case study in balancing risk and opportunity with sovereign crypto holdings.$BTC