Bhutan transferred over $100 million in Bitcoin in 2026, including a $37 million transfer today, with funds related to trading firm QCP Capital. The country has been utilizing free hydroelectric power for Bitcoin mining since 2021 and is now intentionally selling its Bitcoin holdings (which peaked at approximately 13,000 BTC) to fund the Gelephu Mindfulness City project and public services. Meanwhile, a whale used leverage to short Bitcoin at an amount as high as $71.1 million. Despite these capital outflows, Bitcoin is trading at $71,794, with overall market sentiment affected by geopolitical developments.

BTC1.4%
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