Bhutan verkaufte Bitcoin im Wert von 22,4 Millionen US-Dollar bei einem Portfoliorückgang von über 70 %

tldr; Bhutan sold $22.4 million in Bitcoin this week, including a transaction to QCP Capital, as its crypto portfolio dropped from $1.4 billion to $412 million. The sales, managed by Druk Holding Investments (DHI), reflect a shift from mining and holding Bitcoin since 2019 to strategic liquidations amid market pressures. Bhutan’s mining operations, powered by hydroelectric resources, generated significant profits but became less efficient after the 2024 Bitcoin halving. The nation’s approach highlights challenges in sovereign crypto strategies and portfolio management.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

I bought in at 145k im wrecked xD

did they just paper handed selling lower than they bought?

Bhutan no diamond 💎 hands 🙌 like retail

A lot of funds and companies are in trouble, lol.