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Bhutan Just Sold Most of Its Bitcoin Quietly
Something unusual is happening in the crypto landscape.
Bhutan has reportedly sold nearly 70% of its Bitcoin holdings, dropping from around 13,000 BTC to just 3,954 BTC.
No announcement.
No warning.
Just steady selling.
This comes as the country’s hydropower backed mining, once seen as a smart, sustainable strategy, appears to have slowed or even stopped.
Meanwhile, others are doing the opposite.
Institutions and governments are accumulating Bitcoin and gold
but smaller players may be feeling the pressure.
Rising difficulty.
Post halving squeeze.
Shrinking margins.
Even state backed mining isn’t immune.
So what does this mean?
Smart exit or forced move?
Liquidity needed.
Strategy shifting.
Market watching.
Would you follow Bhutan’s move or see this as a long term buying signal?
#GateSquareAprilPostingChallenge #GateSpotDerivativesBothTop3 $BTC