Bhutan’s BTC transfers deepen questions over sovereign crypto strategy
Summary Bhutan’s government-linked wallets moved 325 BTC (about $25.19M) to a Galaxy Digital-linked address and 375 BTC (around $25.18M) to an unknown wallet. The roughly $50M in suspected sales follow a March selling spree in which Bhutan offloaded more than $84M in Bitcoin via exchanges and OTC desks. Druk Holding & Investments, Bhutan’s sovereign fund,
