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Bhutan Sells Another 435 BTC to Binance Amid Stable Bitcoin Price

Guavy AI Editorial Team
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The Royal Government of Bhutan has continued its recent trend of selling Bitcoin to Binance, depositing almost 435 BTC (worth around $28 million) into the major cryptocurrency exchange.

This is less than a year after announcing plans to develop Gelephu Mindfulness City using the proceeds from hydropower mining.

The move suggests imminent selling pressure on the crypto market, which could weigh on adoption and fundraising prospects as Bitcoin tries to stabilize around $65,000.

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