Bhutan Denies $1 Billion Bitcoin Sell-Off: DHI CEO Says “I Don’t Recall Selling Any BTC”
May 16, 2026 · 5 mins read
Druk Holding and Investments disputes on-chain data showing Bhutan slashed its Bitcoin holdings by 76% — from 13,000 BTC to just 3,100 BTC — since October 2024. The Kingdom of Bhutan’s sovereign wealth fund has pushed back against widely circulated reports that it has been quietly offloading nearly $1 billion worth of Bitcoin since mid-2025 […]