不丹的比特币下注：战略销售和长期BTC持有

不丹可以战略性地管理其比特币持有量，在维持大量BTC储备的同时，在山峰附近销售，展示了一种复杂的加密投资方法。

Bhutan's Bitcoin Bet: Strategic Sales and Long-Term BTC Holdings

不丹的比特币下注：战略销售和长期BTC持有

In a calculated move, Bhutan has been actively managing its Bitcoin (BTC) holdings, selling off a portion to capitalize on market highs while reaffirming its commitment to digital assets. This delicate balancing act highlights a sophisticated approach to sovereign crypto investment.

在一项计算的举动中，不丹一直在积极管理其比特币（BTC）持股，出售一部分以利用市场高价，同时重申其对数字资产的承诺。这种微妙的平衡行为突出了一种主权加密投资的精致方法。

Strategic Bitcoin Sales: A Tactical Play

战略比特币销售：战术性游戏

Recent reports indicate that the Royal Government of Bhutan sold nearly $60 million worth of Bitcoin between July 10 and July 14, 2025. On-chain data tracked by Arkham Intelligence revealed the movement of 512.84 BTC to Binance in multiple transactions. These sales coincided with Bitcoin's surge to new all-time highs, suggesting a strategic profit-taking maneuver.

最近的报道表明，不丹皇家政府在2025年7月10日至7月14日之间出售了近6000万美元的比特币。阿卡姆情报公司（Arkham Intelligence）跟踪的链链数据显示，在多项交易中，512.84 BTC的竞争者转向了BTC。这些销售恰逢比特币的增长到新的历史最高点，这表明了战略性的获利动作。

Blockchain analytics firm Lookonchain detailed the transactions, noting that one transfer alone moved 208.56 BTC, valued at $23.18 million at the time. The timing of these sales is crucial. Bitcoin's price jumped from $108,000 to over $122,000 during that period, reflecting a 12.4% increase. Bhutan's decision to offload some holdings during this rally indicates a shrewd strategy to lock in profits.

区块链分析公司LookOnchain详细介绍了交易，并指出仅一次转会移动了208.56 BTC，当时价值为2318万美元。这些销售的时机至关重要。在此期间，比特币的价格从108,000美元跃升至超过122,000美元，反映了12.4％的上涨。不丹在这次集会期间卸载一些持股的决定表明，锁定利润的精明策略。

Bhutan's Impressive Bitcoin Treasury Remains Strong

不丹令人印象深刻的比特币国库

Despite these sales, Bhutan's crypto reserves remain robust. The kingdom still holds 11,411 BTC, currently valued at approximately $1.4 billion. This substantial holding underscores the government's continued faith in digital assets as part of its investment strategy. In fact, the total value of Bhutan’s crypto treasury grew significantly within a week, thanks to the Bitcoin rally.

尽管有这些销售，但不丹的加密储备仍然强大。该王国仍然拥有11,411 BTC，目前价值约14亿美元。这种实质性的持有强调了政府对数字资产的持续信仰，这是其投资战略的一部分。实际上，得益于比特币集会，不丹加密货币财政部的总价值在一周内大幅增长。

Bhutan also holds 656 ETH, valued at around $1.93 million. While the ETH holdings remained steady, an 18% increase in ETH's price further boosted the portfolio's valuation, illustrating how passive gains in a volatile market can significantly impact overall worth.

不丹还持有656 ETH，价值约为193万美元。尽管ETH控股保持稳定，但ETH的价格增长了18％，进一步提高了投资组合的估值，这说明了挥发性市场中的被动增长如何显着影响总体价值。

A Tactical Approach, Not a Crypto Exit

战术方法，而不是加密出口

The $60 million sell-off might raise eyebrows, but it's clear that Bhutan is far from abandoning its crypto ambitions. With over 11,000 BTC still in reserve, the country remains a significant sovereign holder of Bitcoin. This tactical approach reflects a deep understanding of market dynamics, where timely sales during price peaks help secure profits without compromising long-term investment goals.

这笔6000万美元的抛售可能会引起人们的注意，但很明显，不丹远未放弃加密货币的野心。该国仍然有11,000多个BTC储备，仍然是比特币的主权持有者。这种战术方法反映了对市场动态的深刻理解，在价格峰值期间及时的销售有助于获得利润，而不会损害长期投资目标。

The Bigger Picture: Why It Matters

更大的前景：为什么重要

Bhutan's moves highlight a broader trend of institutional and sovereign entities becoming more active in the crypto market. As Bitcoin continues to flirt with all-time highs, other nations might follow Bhutan's lead in diversifying their national reserves with decentralized assets. Bhutan’s proactive management of its crypto portfolio sets a compelling example for others looking to navigate the digital asset landscape.

不丹的举动突出了机构和主权实体在加密市场上变得更加活跃的更广泛趋势。随着比特币继续以历史最高的高调调情，其他国家可能会跟随不丹的领导者，以分散的资产多样化其国家储备。不丹对其加密产品组合的积极主动管理为其他希望导航数字资产格局的其他人树立了一个令人信服的榜样。

Final Thoughts

最后的想法

So, while Bhutan might be trimming its BTC stash during rallies, don't mistake it for a crypto exodus. They're playing the game like seasoned pros, proving that even governments can HODL and strategically sell. Who knows, maybe they'll start offering crypto investment courses – Bhutan style!

因此，尽管不丹可能会在集会期间修剪其BTC藏匿处，但不要将其误认为是加密货币出埃及记。他们正在玩游戏，就像经验丰富的专业人士一样，证明即使政府也可以在战略上出售。谁知道，也许他们会开始提供加密投资课程 - 不丹风格！