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The Bhutanese government is shifting a portion of its Bitcoin (BTC<\/a>) holdings to a different wallet.<\/p>\n The crypto de-anonymizing platform Arkham notes that Bhutan\u2019s government recently moved $7 million worth of BTC to a Segregated Witness (SegWit) address.<\/p>\n Arkham says<\/a> the move could indicate a potential transfer or sale.<\/p>\n \u201cBhutan will periodically move small amounts of BTC to Segwit addresses, which appear to be separate to its P2SH holdings cluster. They are down 10,000 BTC from their peak of ~13,390 BTC in October 2024.\u201d The crypto intelligence platform notes the Bhutanese government has moved $237.39 million worth of BTC from their wallets to Segwit addresses since the start of 2026.<\/p>\n SegWit addresses are designed to offer lower transaction fees and better scalability<\/a> than Bitcoin\u2019s Legacy addresses.<\/p>\n Bhutan\u2019s government currently owns $234.33 million worth of BTC and about $68,000 worth of Ethereum (ETH<\/a>), per data<\/a> from Arkham.<\/p>\n The Bhutanese government has long expressed an interest in digital assets: Back in 2021, the nation\u2019s Royal Monastery Authority (RMA) collaborated with Ripple on a central bank digital currency (CBDC) pilot project, exploring the potential for CBDCs to enhance cross-border payments.<\/p>\n Bitcoin is trading at $77,571 at time of writing. The top-ranked crypto asset by market cap is up more than 1.1% in the past 24 hours.<\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" The Bhutanese government is shifting a portion of its Bitcoin (BTC) holdings to a different wallet. The crypto de-anonymizing platform Arkham notes that Bhutan\u2019s government recently moved $7 million worth of BTC to a Segregated Witness (SegWit) address. Arkham says the move could indicate a potential transfer or sale. \u201cBhutan will periodically move small amounts […]<\/p>\n","protected":false},"author":2,"featured_media":428426,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-428424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=428424"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428424\/revisions"}],"predecessor-version":[{"id":428427,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428424\/revisions\/428427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/428426"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=428424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=428424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=428424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n<\/p>\nDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n