{"id":94273,"date":"2026-02-13T20:07:14","date_gmt":"2026-02-13T17:07:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94273"},"modified":"2026-02-13T20:10:20","modified_gmt":"2026-02-13T17:10:20","slug":"bhutan-continues-bitcoin-sales-from-reserves","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bhutan-continues-bitcoin-sales-from-reserves\/","title":{"rendered":"Bhutan Continues Bitcoin Sales from Reserves"},"content":{"rendered":"<p>The Bhutanese authorities have been <span class='old_tooltip' data-descr='selling'>selling<\/span> bitcoins from their reserves for the third consecutive week. The latest sale of 100 BTC generated approximately $6.8 million, analysts at Arkham noted.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">BHUTAN JUST SOLD $6.7 MILLION BTC<\/p>\n<p>Bhutan has been selling Bitcoin every week for the past 3 weeks. <a href=\"https:\/\/t.co\/cLL3fb2Ckh\">pic.twitter.com\/cLL3fb2Ckh<\/a><\/p>\n<p>\u2014 Arkham (@arkham) <a href=\"https:\/\/twitter.com\/arkham\/status\/2022158683862708630?ref_src=twsrc%5Etfw\">February 13, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts from the platform noted that since September, the kingdom has sold the primary cryptocurrency for at least $100 million. Approximately 5,600 BTC, valued at about $372 million, remain in wallets identified by Arkham.<\/p>\n<p>According to analysts, mining has been the main source of bitcoin accumulation for Bhutan. At its peak, the country&#8217;s reserve <span class='old_tooltip' data-descr='exceeded'>exceeded<\/span> 13,000 BTC.\u00a0<\/p>\n<p>The volume of digital gold mining surged at the beginning of 2023 but significantly declined after the fourth <span class='old_tooltip' data-descr='halving'>halving<\/span> of the first cryptocurrency&#8217;s network. The reduction of the block reward from 6.25 BTC to 3.125 BTC <span class='old_tooltip' data-descr='occurred'>occurred<\/span> in April 2024.<\/p>\n<p>The mining operations powered by the government in <span class='old_tooltip' data-descr='partnership'>partnership<\/span> with Bitdeer were expected to reach a capacity of 600 MW. Jihan Wu&#8217;s company <span class='old_tooltip' data-descr='commissioned'>commissioned<\/span> the Gedu data center in August 2023. However, achieving the planned <span class='old_tooltip' data-descr='hashrate'>hashrate<\/span> of 20 EH\/s at the facility has been significantly delayed, Arkham emphasized.<\/p>\n<p>In the second half of 2024, industry experts noted that miners faced the most severe <span class='old_tooltip' data-descr='profit crisis'>profit crisis<\/span> in history.<\/p>\n<p>At the beginning of 2025, amid the decline in the first cryptocurrency&#8217;s prices, many popular mining equipment models <span class='old_tooltip' data-descr='approached the profitability threshold'>approached the profitability threshold<\/span>.<\/p>\n<p>The drop in bitcoin prices and rising energy tariffs triggered a <span class='old_tooltip' data-descr='mass shutdown'>mass shutdown<\/span> of equipment by companies due to record losses, leading to a reduction in hashrate. Another negative factor was the <span class='old_tooltip' data-descr='aftermath of a winter storm'>aftermath of a winter storm<\/span> in the United States.<\/p>\n<p>Earlier, on February 7, bitcoin mining difficulty <span class='old_tooltip' data-descr='adjusted by 11%'>adjusted by 11%<\/span>. This was the most significant drop in the metric since the cryptocurrency mining ban in China in 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bhutanese authorities have been selling bitcoins from their reserves for the third consecutive week. The latest sale of 100 BTC generated approximately $6.8 million, analysts at Arkham noted.<\/p>\n","protected":false},"author":1,"featured_media":94274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bhutan sells bitcoins for the third week, raising $6.8 million from 100 BTC sale.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1536,1676,1641,1137],"class_list":["post-94273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arkham","tag-bhutan","tag-bitcoin-reserves","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"201","promo_type":"1","layout_type":"1","short_excerpt":"Bhutan sells bitcoins for the third week, raising $6.8 million from 100 BTC sale.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94273"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94273\/revisions"}],"predecessor-version":[{"id":94275,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94273\/revisions\/94275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94274"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}