{"id":36753,"date":"2025-07-14T12:16:52","date_gmt":"2025-07-14T12:16:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36753"},"modified":"2025-07-14T12:16:52","modified_gmt":"2025-07-14T12:16:52","slug":"bhutan-quietly-sells-59m-in-bitcoin-as-btc-hits-123k-still-holds-over-1-4b-in-reserves","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36753","title":{"rendered":"Bhutan Quietly Sells $59M in Bitcoin as BTC Hits $123K, Still Holds Over $1.4B in Reserves"},"content":{"rendered":"<div>\n<p>Bhutan is cashing in on crypto, again.<\/p>\n<p>The tiny Himalayan nation accelerated sales from its crypto treasury and offloaded over 512.84 bitcoin (BTC), worth $59.47 million, in the past four days, according to blockchain tracking platform Lookonchain, as BTC soared to over $123,000.<\/p>\n<p>Bhutan still holds 11,411 BTC even after this round of selling, a stack currently valued at over $1.4 billion, per Lookonchain.<\/p>\n<p>Unlike Germany \u2014 which <a href=\"https:\/\/www.coindesk.com\/markets\/2024\/07\/11\/germany-almost-done-selling-bitcoin-holding-less-than-5k-tokens-after-latest-moves#:~:text=Bitcoin%20wallets%20linked%20to%20the,data%20by%20Arkham%20Intelligence%20shows.\">sold nearly 50,000 BTC<\/a> it had earlier seized into a rising market last year \u2014 Bhutan\u2019s BTC holdings come from its state-backed mining activities and officials tend to sell holdings whenever prices rally.<\/p>\n<p>Much of this strategy is executed via Druk Holding &amp; Investments (DHI), the nation\u2019s sovereign wealth fund, which began mining Bitcoin by utilizing the country\u2019s abundant hydropower.<\/p>\n<p>As such, the government has committed to clean mining practices and is developing crypto-forward infrastructure projects like Gelephu Mindfulness City in partnership with firms like Bitdeer.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/30\/bhutan-bets-on-binance-pay-to-power-crypto-backed-tourism-economy\">Bhutan Bets on Binance Pay to Power Crypto-Backed Tourism Economy<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bhutan is cashing in on crypto, again. The tiny Himalayan nation accelerated sales from its crypto treasury and offloaded over 512.84 bitcoin (BTC), worth $59.47 million, in the past four days, according to blockchain tracking platform Lookonchain, as BTC soared to over $123,000. Bhutan still holds 11,411 BTC even after this round of selling, a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36753","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36753"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36753\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}