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CryptoMedium•26 March 2026•

1 min read

Bhutan Liquidates 66% of Bitcoin Treasury with $152 Million in Sales

Key Facts

1The Royal Government of Bhutan has sold $152 million worth of Bitcoin during 2026.

2Bhutan's crypto treasury has shrunk by 66% as a result of systematic selling.

3Data detected a recent transfer of 519.7 BTC valued at $36.75 million on Wednesday.

The Royal Government of Bhutan has significantly reduced its Bitcoin holdings, liquidating approximately 66% of its digital treasury throughout 2026. According to data from Arkham Intelligence, the nation-state has sold a total of $152 million worth of BTC this year through systematic sell-offs. The most recent transaction involved the transfer of 519.7 BTC, valued at roughly $36.75 million, on Wednesday. This strategic liquidation marks a major shift for one of the world's most prominent sovereign holders of crypto assets. Market analysts suggest the selling may be intended for fiscal allocation or strategic profit-taking. The influx of supply from a state entity adds notable selling pressure to the market, potentially impacting sentiment for the BTC/USD pair.

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