According to Lookonchain, Bhutan’s reported Bitcoin movements included a 377 BTC transfer and smaller transactions to QCP Capital and a new wallet on March 17.
According to Lookonchain, the Bhutan government transferred 377 BTC worth about $27.87 million in the past three hours. Earlier on March 17, it also sent 20.5 BTC worth about $1.52 million to QCP Capital and 1.02 BTC worth about $75,900 to a new wallet. No official explanation for the transactions or further destination details were provided in the source.