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Just-In: Bhutan Govt Sells $40M Bitcoin As BTC Targets New ATH

CoinGape LogoCoinGape6d ago

Just-In: Bhutan Govt Sells $40M Bitcoin As BTC Targets New ATH - CoinGape

Quick Summary:

Over the last two months, the Butan govt has been offloading its stake at periodic intervals amid the massive Bitcoin price rally, especially after Donald Trump’s victory.

Royal Government of Bhutan sold a total of 406 Bitcoins from its treasury, worth $40 million, as the BTC price attempts a break to new all-time highs.

The crypto market enters a pivotal week as attention turns to the upcoming US Consumer Price Index (CPI) inflation figures.

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Just-In: Bhutan Govt Sells $40M Bitcoin As BTC Targets New ATH - CoinGape (Picture 1)Just-In: Bhutan Govt Sells $40M Bitcoin As BTC Targets New ATH - CoinGape (Picture 2)

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 12:18:25 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24275004

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 1 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 14 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Just-In: Bhutan Govt Sells $40M Bitcoin As BTC Targets New ATH" has 432 words across 33 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Just-In: Bhutan Govt Sells $40M Bitcoin As BTC Targets New ATH" was covered 6 days ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 1 news stories per day.

It's most recent story was published 14 hours ago.

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  • News ID: #24275004
  • URL: https://beamstart.com/news/just-in-bhutan-govt-sells-17337467582265

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