May 14, 2025

Bhutan Transfers 406 and 410 BTC to QCP Capital, Suspected for Sale

1 min read

The Royal Government of Bhutan has recently transferred a significant amount of Bitcoin to QCP Capital, a move suspected to be for sale. According to reports, Bhutan moved 406 BTC, valued at approximately $40 million, and later an additional 410 BTC to QCP Capital. Despite these transfers, Bhutan remains the fourth largest government holder of Bitcoin globally, with its remaining holdings standing at 12,202 BTC, worth around $1.2 billion. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

The Defiant logo

Source: The Defiant

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | Newsphere by AF themes.