Bhutan sells $42.5 Million of bitcoin in 2026 as national stack drops 58% from peak

Bhutan sells $42.5 Million of bitcoin in 2026 as national stack drops 58% from peak The Himalayan kingdom moved another 175 BTC on Monday, continuing a drawdown that has taken its holdings from a peak of roughly 13,000 BTC to under 5,400 in just over a year. What to know: - Bhutan’s state-owned investment arm has been steadily selling its bitcoin holdings, moving about $42.5 million worth of BTC and USDT so far in 2026 through a small set of recurring counterparties. - The country’s bitcoin stack, built over years of hydroelectric-powered mining, has fallen from a peak of about 13,000 BTC in l

Bhutan sells $42.5 Million of bitcoin in 2026 as national stack drops 58% from peak The Himalayan kingdom moved another 175 BTC on Monday, continuing a drawdown that has taken its holdings from a peak of roughly 13,000 BTC to under 5,400 in just over a year. What to know: - Bhutan’s state-owned investment arm has been steadily selling its bitcoin holdings, moving about $42.5 million worth of BTC and USDT so far in 2026 through a small set of recurring counterparties. - The country’s bitcoin stack, built over years of hydroelectric-powered mining, has fallen from a peak of about 13,000 BTC in l