Bhutan Government Wallet Transfers $11 Million in Bitcoin After Month-Long Pause

A Bhutanese government-linked address transferred $11 million worth of Bitcoin from its holding wallet about two hours ago, ChainCatcher reports. The previous transaction occurred a month earlier, when the government sold $7 million in BTC through QCP Capital. Bhutan routinely disposes of portions of its Bitcoin holdings in batches of $5 million to $10 million, with a particularly active selling phase in mid to late September 2025.