The Royal Government of Bhutan has shifted another 738 bitcoin worth roughly $44.88 million on June 6, extending a months-long drawdown of the Himalayan kingdom’s state BTC reserves. Key TakeawaysBhutan’s government moved another 738 BTC worth about $44.88 million on June 6, onchain trackers noted.The transfer extends a 2026 drawdown that has cut state BTC holdings well below their 2024 peak.Analysts tie the sales to funding for the Gelephu Mindfulness City megaproject.