Bhutan government moves another 100 BTC as 2026 bitcoin outflows top $230 million: Arkham
The Block
The Bhutanese government transferred 100 BTC, bringing total 2026 outflows to over $230 million, according to data from Arkham.Summary
The Royal Government of Bhutan has transferred approximately 100.44 BTC to an unlabeled address, continuing a trend of consistent outflows tracked by Arkham. These movements have brought total outflows for 2026 to over $230 million, leaving the nation with roughly 3,119 BTC. While the exact purpose of these transfers is unclear, analysts note that the funds could be intended for market sales, potential consolidation, or platform deposits. Bhutan, which historically mined Bitcoin using its hydroelectric power, remains the eighth-largest nation-state holder of the asset.
(Source：The Block)