Gate News bot message, The Government of Bhutan has executed a transfer of 419.5 BTC (valued at $47.23 million) to a new wallet address. Following this transaction, the government maintains a significant holding of 9,232 BTC, equivalent to $1.04 billion.
This transfer follows a previous movement reported by Lookonchain on September 18, 2025, where the government transferred 913 BTC ($107 million) to two separate wallets, with holdings at that time standing at 9,652 BTC ($1.13 billion).
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Bhutan Government Transfers 419.5 BTC to New Wallet, Retains Substantial Holdings
Gate News bot message, The Government of Bhutan has executed a transfer of 419.5 BTC (valued at $47.23 million) to a new wallet address. Following this transaction, the government maintains a significant holding of 9,232 BTC, equivalent to $1.04 billion.
This transfer follows a previous movement reported by Lookonchain on September 18, 2025, where the government transferred 913 BTC ($107 million) to two separate wallets, with holdings at that time standing at 9,652 BTC ($1.13 billion).