Bhutan's government sells 435 BTC (~$28M) to fund Gelephu Mindfulness City development, continuing monthly offloading pattern.
Macro & Markets ·
Bhutan's government transferred nearly 435 BTC valued around $28 million to Binance in early August, continuing a pattern of regular asset sales to fund development of Gelephu Mindfulness City, a planned economic zone spanning over 2,600 square kilometers. The August transaction followed a 700 BTC deposit in July and a 533 BTC sale in mid-June, as the country channels proceeds from these disposals toward the multi-generational project centered on green technology, digital finance, and sustainable development.