Bhutan Cuts Bitcoin Reserves by 60% – Will It Sell the Entire BTC Stockpile?

What: Bhutan has cut its Bitcoin reserves by **60%** since their peak.
Why: The Royal Government of Bhutan is aggressively selling its Bitcoin stockpile to diversify its assets and reduce risk.
Signal: The move indicates a shift in Bhutan's investment strategy, prioritizing stability over potential cryptocurrency gains.
Target: Bhutan's current Bitcoin reserves are approximately **$48 million**, down from a peak of **$120 million**.
Risk: The sale of Bitcoin may expose Bhutan to potential losses if the cryptocurrency market declines further.