tldr; On February 12, 2026, Bhutan’s government sold 100 BTC, valued at $6.77 million, as part of a three-week selling streak. The transaction was conducted through QCP Capital, using a tiered liquidation strategy to minimize market impact. Bhutan’s remaining Bitcoin reserves stand at approximately 5,600 BTC, worth $371.57 million, managed through Druk Holding & Investments. The sales likely aim to fund infrastructure projects or bolster reserves, showcasing Bhutan’s strategic approach to digital asset management.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Seems like they hodl all the way till July last year. According to Gemini … heaviest selling was last year Sep Oct 2025, which is smarter than many others … like say, Germany? lol
|Time Period|Estimated BTC Sold|Approx. Value (USD)|Primary Reason|
|:-|:-|:-|:-|
|2019 – 2023|Minimal / None|$0|Accumulation phase (Mining started).|
|July 2025|~513 BTC|~$62 Million|Profit-taking during Bitcoin’s rally past $120k.|
|Sept – Oct 2025|~5,000+ BTC|~$400+ Million|“Heavy selling“ period to fund Gedu/Jigmeling sites.|
|Jan – Feb 2026|~300+ BTC|~$29 Million|Strategic sales for „Mindfulness City“ funding.|
|Total Sold|~7,600+ BTC|~$600M – $800M|Total estimated revenue realized.|
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tldr; On February 12, 2026, Bhutan’s government sold 100 BTC, valued at $6.77 million, as part of a three-week selling streak. The transaction was conducted through QCP Capital, using a tiered liquidation strategy to minimize market impact. Bhutan’s remaining Bitcoin reserves stand at approximately 5,600 BTC, worth $371.57 million, managed through Druk Holding & Investments. The sales likely aim to fund infrastructure projects or bolster reserves, showcasing Bhutan’s strategic approach to digital asset management.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Why didn’t they sell when it was over 100K?
lol so the official selling begins ?
https://i.redd.it/lu7xujgsf8jg1.gif
Seems like they hodl all the way till July last year. According to Gemini … heaviest selling was last year Sep Oct 2025, which is smarter than many others … like say, Germany? lol
|Time Period|Estimated BTC Sold|Approx. Value (USD)|Primary Reason|
|:-|:-|:-|:-|
|2019 – 2023|Minimal / None|$0|Accumulation phase (Mining started).|
|July 2025|~513 BTC|~$62 Million|Profit-taking during Bitcoin’s rally past $120k.|
|Sept – Oct 2025|~5,000+ BTC|~$400+ Million|“Heavy selling“ period to fund Gedu/Jigmeling sites.|
|Jan – Feb 2026|~300+ BTC|~$29 Million|Strategic sales for „Mindfulness City“ funding.|
|Total Sold|~7,600+ BTC|~$600M – $800M|Total estimated revenue realized.|