"Druk Holding & Investments moved 319.7 BTC worth roughly $23 million on April 9, 2026, continuing a steady drawdown of the country's state-held bitcoin reserves that began in 2025."
"Onchain data shows no new mining inflows in over a year, signaling continued treasury drawdown by DHI, with more than $200 million in outflows from Druk Holding wallets in 2026 alone."
"Bhutan's bitcoin holdings now stand at approximately 3,954 BTC, worth around $281 million at current prices, representing a sharp decline from a peak of roughly 13,000 BTC."
Druk Holding & Investments transferred approximately 319.7 BTC, valued at around $23 million, on April 9, 2026. This transfer is part of a larger trend, with Bhutan's bitcoin reserves decreasing by 9,046 BTC since reaching a peak of 13,000 BTC. The outflow of funds has been tracked by onchain analytics, revealing no new mining inflows in over a year. Bhutan's current bitcoin holdings are approximately 3,954 BTC, worth about $281 million, reflecting a significant decline from previous levels.
Read at news.bitcoin.com
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