| Time | Details |
|---|---|
| 2024-12-09 10:32 |
Bhutan Transfers 406 BTC to QCP Capital
According to Lookonchain, the Royal Government of Bhutan has transferred 406 BTC, valued at $40 million, to QCP Capital just 15 minutes ago. Despite this transfer, Bhutan still holds a significant amount of Bitcoin, totaling 12,202 BTC, which is valued at approximately $1.2 billion. This move indicates active management of their cryptocurrency reserves and could influence market perceptions of Bitcoin's institutional adoption. (Source) |
| 2024-12-09 10:54 |
Bhutan Government Sells 1,696 BTC Amid Price Surge
According to Spot On Chain, the Royal Government of Bhutan has recently transferred 402 Bitcoin, valued at approximately $39.56 million, to QCP Capital. This transaction occurred within the last 35 minutes. Since the increase in Bitcoin prices in late October, Bhutan has sold a total of 1,696 BTC, amounting to $139 million, at an average price of $81,999. These sales were executed through Binance and QCP Capital. (Source) |