Bhutan Executes $11.85M Bitcoin Transfer as Royal Government Repositions BTC Holdings

On Monday, with bitcoin changing hands at $68,600 a coin, the Royal Government of Bhutan quietly nudged 175 bitcoin-about $12 million-across the ledger. Bhutans latest maneuver follows its previous transfer in mid-February 2026. Bhutan Moves $11.85M in Bitcoin Onchain data tracked by Arkham Intelligence shows Bhutan shifting 175 BTC worth $11.85 million at current exchange []