Bhutan Offloads $22M in Bitcoin as Prices Slide and Mining Pressures Mount
Bhutan has sold another $22 million worth of Bitcoin from its state-backed mining reserves, signalling continued liquidation amid crypto prices' retreat and worsening mining economics. Blockchain analytics firm Arkham revealed that Bhutan transferred 184 Bitcoin, worth about $14 million, on Wednesday, following a separate transfer of 100.8 BTC, valued at ...
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