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Royal Bhutan Government Sells 367 Bitcoin on Binance

  • Bhutan sold 367 Bitcoin (BTC) worth $33.5 million on Binance.
  • Bhutan has been mining Bitcoin using hydropower and has accumulated over 12,200 BTC, making it one of the largest government holders of Bitcoin.
  • By selling BTC now, Bhutan can bring in extra funds to boost its economy without relying on loans or outside aid.
  • Bhutan's move to sell Bitcoin may contribute to its goal of becoming less dependent on traditional finance and exploring new growth opportunities.

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