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Bhutan’s Bitcoin Holdings Lead to Strategic $11.85M BTC Transfer Amid Mining Profitability Drop

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The Story

News Summary

  • Bhutan mined and sold Bitcoin to fund public expenses, recently transferring $11.85 million in BTC.
  • The kingdom sells in batches when profitable, reacting to mining cost changes and market prices, reflecting a pragmatic approach rather than a long-term hold.
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77141.55 +15.14% over the displayed period

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