Today the government of Bhutan moved 175 BTC (almost $12 million) from its official wallets, generating debate in the crypto community.
So far this year, the country's transfers have already surpassed $40 million in Bitcoin.
Many analysts believe that these movements could be related to:
• reserve management
• state funding
• or adjustments in its mining strategies.
Let's remember that Bhutan is one of the few countries that mines Bitcoin at the state level using hydroelectric power.
