Bhutanese government sells 434 BTC to raise $28 million
2026-08-08 01:37:04
According to CoinMeta, the Bhutanese government sold 434 BTC to raise approximately $28 million in order to address the continuous shrinkage of its sovereign Bitcoin treasury. This strategic Bitcoin liquidation is aimed at providing funds for development projects, highlighting a pragmatic approach for resource-rich countries to utilize cryptocurrencies.
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Source:Crypto Briefing
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