Bhutan Official Speaks Up On Claims of Selling $1 Billion In Bitcoin
The post Bhutan Official Speaks Up On Claims of Selling $1 Billion In Bitcoin appeared on BitcoinEthereumNews.com. Bhutan’s Bitcoin movements have come into the spotlight again. The scrutiny comes due to the recent indications of a potential sale of nearly $1 billion worth of Bitcoin. For context, these transactions were flagged by the blockchain analytics firm, Arkham Intelligence, since July 2025. Bhutan Officials Open Up On Selling Bitcoin Over the last year, wallets associated with Druk Holding and Investments (DHI), the government-owned wealth fund of Bhutan, have been moving massive amounts of Bitcoin. DHI then dumped this reserve to exchanges and trading companies, according to on-chain reports. In October 2024, Arkham reported that the wallets had almost 13,000 BTC in their holdings. However, this has fallen to approximately 3,100 BTC, which is worth about $252 million as of Friday’s BTC price. Another finding from the data indicated that, between 2026 alone, approximately $207