Looks like we're calling a local top here at 71k, #Bhutan are poised to dump just shy of 1000 coins onto the market.
Wonder what they plan to do with the capital, expand mining operations, extend cash runway for operations, service debt or unrelated government projects?
https://crypto.news/kingdom-of-bhutan-deposits-66m-in-bitcoin-on-binance/
Maybe they had to pay taxes for capital gains?
😄 😄 😄 😄 😄
Clear sign they are fiat maxis.
As I said so many times:
Bitcoin is to empower the individual not the state...
States cannot use BTC.
Let me know when El Salvador will start paying gov employees in sats.... I am waiting.
