<ul data-eligibleForWebStory="false"><li>The Royal Government of Bhutan transferred 213 Bitcoin (BTC) worth around $23.73 million to Binance as part of its ongoing crypto reserve management strategy amid Bitcoin's soaring price rally.</li><li>This marks the second consecutive week of significant Bitcoin transfers to Binance, with a total of 350.74 BTC valued at $38.5 million shifted in the past 10 days.</li><li>The calculated timing of the transfers reveals a strategic effort by Bhutan to take advantage of the current bullish market conditions, aligning with previous similar moves made by the government to optimize yields from Bitcoin assets.</li><li>With Bitcoin contributing substantially to its GDP and holding the third-largest national Bitcoin reserve globally, Bhutan stands out for actively managing its crypto reserves and integrating digital assets into its economy more aggressively than many other nations.</li></ul>

Bhutan Government Moves $23.7M in Bitcoin to Binance as BTC Hits Record Highs

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