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2025-03-29 03:04:53 UTC

Mags on Nostr: 👀 Bhutan has sold 4,000 Bitcoin since Oct 2024 (from a peak of 13k to 9k). It is ...

👀 Bhutan has sold 4,000 Bitcoin since Oct 2024 (from a peak of 13k to 9k). It is unclear why at this time, but I would guess it will fund the development of the Gelephu Mindfulness City.

In 2023, Bhutan sold US$100million worth of BTC to fund a 50% pay rise for civil servants.