**Bhutan's Sovereign Wealth Fund Transfers Bitcoin Before Market Decline**
Bhutan's sovereign wealth fund, managed by **Druk Holding and Investments**, transferred approximately **100.82 BTC** (worth about $8.31 million) to the institutional trading firm **QCP Capital**. This move occurred just two days before a noticeable downturn in the cryptocurrency market, according to on-chain monitoring by platforms like Arkham and OnchainLenz.
The transfer has drawn attention as a potentially strategic decision, allowing the Himalayan nation—known for mining Bitcoin with surplus hydropower—to reposition assets amid volatility. Bhutan remains one of the top government Bitcoin holders, actively managing its reserves rather than purely holding long-term.
