Bhutan Government Moves Over 300 BTC to Binance Amid New All-Time Highs

The government of Bhutan transferred over 300 BTC (more than $35 million) to Binance exchanges shortly after the cryptocurrency reached new all-time highs. This has become a routine process for a state that sustains its own budget through mining operations and mined BTC. The cautious approach and foresight are also evident — Bhutan's total assets are estimated at 11,611 BTC (about $1.37 billion). Remember in the ForkLog material how Bhutan cleverly integrates green mining with the development of its foreign policy, setting an example for other nations.