<ul><li>The government of Bhutan has transferred 721.46BTC, worth approximately US$63.24M, to three newly created wallets over the past 24 hours.</li><li>The main wallet still holds US$890M worth of cryptocurrencies, with the overwhelming majority of these funds being held in Bitcoin.</li><li>Speculation exists as to whether this could signal a shift in Bhutan’s strategy regarding the custody and management of its assets.</li><li>The Government of Bhutan has embraced Bitcoin as a reserve asset. Bhutan has been actively mining Bitcoin using hydropower from excess energy.</li></ul>

Government of Bhutan Transfers $63M of Bitcoin to 3 Wallets

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