Bhutan cuts Bitcoin reserve to 4,400 BTC after $72.3M in transfers and sustained sell-off

Over the last 24 hours, Bhutan’s state investment arm Druk Holding and Investments transferred more than 973 BTC, exceeding $72.3 million, and also moved over 175 BTC on March 10. After its Bitcoin stash peaked at around 13,295 BTC in October 2024, the country now holds just over 4,400 BTC as it continues to liquidate part of its reserve through periodic sales.