Bhutan Sells Bitcoin Amid Market Peak

The Royal Government of Bhutan, via DHI, moved 213.5 BTC, valued at $23.7 million, to a Binance deposit address. The transaction aligns with Bitcoin’s all-time high prices surpassing $112,000, marking a strategic reserve management action.

The central figures in Bhutan’s financial strategy, particularly DHI, leveraged high BTC market conditions for asset optimization. With no official statements from Bhutanese authorities, the emphasis remains on transaction records and data analytics.

Increased BTC market liquidity drove more trading activity. The market saw increased leveraged positions and funding rate spikes, suggesting intensifying demand. These events highlight Bhutan’s influence on global trading volumes.

Bhutan’s actions underscore their proactive approach to treasury management, boosting BTC holdings value to $1.304 billion. Financial markets are closely observing Bhutan’s pattern of leveraging peaks, affirming the country’s cutting-edge strategy.

As of now, there are no documented public quotes or statements from officials or key opinion leaders regarding Bhutan’s recent BTC transfer. Here is a summary based on the information provided.

Amid these trades, Bhutan’s strategy revealed a familiar, yet artificial asset adjustment strategy, which limits exposure during volatility. The action reflected a recurring practice in March 2025, reinforcing Bhutan’s pattern-driven approach to crypto management.

Historically, Bhutan’s BTC movements correspond with market highs, indicating a policy to treat Bitcoin as a flexible reserve asset. Data shows Bhutan’s transactions have yet to incite regulatory actions but offer a unique case study for sovereign crypto strategies.