Bhutan moves $11.8M in BTC from its national stash: Arkham

Bhutan has reportedly transferred $11.8 million worth of Bitcoin from its national reserves, according to data from Arkham Intelligence. This move indicates the country's ongoing engagement with cryptocurrency, as Bhutan has been known to hold a significant amount of Bitcoin. The transaction raises questions about the future of Bhutan's crypto strategy and potential implications for its economy. Analysts are closely monitoring the situation to understand the motivations behind this transfer and its impact on the broader market.

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