The Kingdom of Bhutan has announced that it will use 10,000 (about $875 million) of its bitcoin reserves to build the Glop City of Mindfulness (GMC). It is estimated that Bhutan currently holds around 11,286 bitcoins, worth a total of more than $986 million, making it the fifth largest bitcoin holder in the world. The special administrative region in southern Bhutan was launched in 2024 and covers an area of about 1,544 square miles (about 10% of Bhutan's land area). It aims to attract companies...
Binance founder CZ was invited by the King of Bhutan to watch cellist Yo-Yo Ma perform live in the Himalayas and exchange crypto topics.
According to on-chain analytics platform OnchainLens (@OnchainLens), the Bhutanese government flagged the address to transfer 100 BTC to Binance, worth $11.90 million.
According to on-chain analyst OnchainLens (@OnchainLens), the Royal Government of Bhutan transferred 212.31 bitcoins worth about $23.61 million to Binance Exchange about 10 minutes ago. In the past 10 days, the government of Bhutan has transferred 350.74 bitcoins to Binance, with a total value of about $38.50 million.
According to Arkham monitoring data, about 20 hours ago, the Bhutanese government marked the address to transfer 570.001 ETH to the Binance wallet address, worth about 1.03 million US dollars.
According to OnchainLens, in the past hour, the Bhutanese government transferred 721.46 BTC worth about $63.24 million to three new wallets.
On February 11, Arkham data revealed that three or four hours ago, the Royal Government of Bhutan transferred a total of 136.054 BTC (about $13.33 million) to four unmarked addresses. At present, the Royal Government of Bhutan still holds 10,635 BTC, which is about 1.04 billion US dollars.
According to Onchain Lens, the Royal Government of Bhutan transferred 377.77 BTC, worth about $37.28 million, to two unknown wallets. At present, the Bhutanese government still holds 11,145 BTC, worth about $1.10 billion.
The Royal Government of Bhutan transferred 633 BTC (worth $64.57 million) to three new wallets. They currently hold 11,055 bitcoins ($1.13 billion).
On January 17, according to Onchain Lens monitoring, the Royal Government of Bhutan once again transferred 377.78 BTC to 2 addresses, worth 38.57 million USD. In the past hour, it transferred a total of 633.047 BTC, worth 64.57 million USD, and currently holds 11,055 BTC, worth 1.13 billion USD.