Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
Dai Truong Phat Education Group has attracted several million USD in foreign capital from Japan and Singapore. Related to the 3rd-grade computer science textbook containing a 'blacklisted web' link, Hue City Police's PA03 unit has intervened. The publisher confirmed the error appeared in 2022 print editions due to the learning-material…
The Kingdom of Bhutan continues to offload a significant share of its Bitcoin holdings, with reserves now almost depleted. Data tracked by Arkham Intelligence shows the government has reduced its Bitcoin holdings by more than 70% in under two years.
Bhutan’s Bitcoin reserves have fallen from roughly 13,000 BTC in October 2024 to about 3,954 BTC, currently valued at approximately $280.6 million. The drawdown represents a reduction of over 9,000 BTC, with total sales estimated at around $640 million over the period.
In 2026 alone, Bhutan transferred between $120 million and $215.7 million worth of Bitcoin.
The liquidation is being managed by Druk Holding & Investments, which has executed the sales through structured transactions rather than abrupt market moves. Transfers have typically been routed through institutional counterparties and exchange-linked wallets, including those associated with Galaxy Digital, OKX, and QCP Capital.
Blockchain activity indicates increasingly large transactions. In April 2026, a transfer of roughly 319.7 BTC valued at about $22.7 million was split between a new wallet and another linked to prior exchange flows.
This followed multiple sizable March transactions, including a 973 BTC movement worth about $72 million and a 519.7 BTC transfer valued at nearly $36.7 million, marking one of the most active selling periods.
The sales appear to be part of a deliberate treasury strategy, with Bhutan gradually reducing exposure while attempting to limit market disruption by spreading transactions across time and counterparties.
At the same time, Bhutan has largely ceased adding new Bitcoin from mining operations, with no significant inflows recorded for over a year despite its earlier reliance on hydropower-backed mining.
Proceeds from the sales are believed to be directed toward domestic development initiatives, including projects such as Gelephu Mindfulness City.
Despite the reduction, Bhutan remains one of the larger nation-state holders of Bitcoin, though its relative position has declined as the sell-off continues.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
