Bhutan recently carried out a large-scale Bitcoin liquidation. They sold 70% of their BTC holdings accumulated over the past 18 months all at once. It seems there was quite a significant move in the market, but it’s only now becoming known.

What’s even more interesting is the possibility that they have also stopped their Bitcoin mining operations. Bhutan had been using energy efficiency to conduct BTC mining, but now considering halting mining altogether, which suggests a major strategic shift.

It’s fascinating that even a country the size of Bhutan would change its cryptocurrency holdings strategy so abruptly. Does this simultaneous adjustment of Bitcoin mining and holding policies indicate a long-term strategic change? We’ll have to see how this impacts the way national assets are managed in the market.