#The Bhutanese government is once again looking into Bitcoin.#

The government of the Kingdom of Bhutan has recently made another Bitcoin transfer, drawing market attention. According to Onchain Lens monitoring, the Bhutanese government has transferred 255.26 BTC (worth $26 million) to two unknown wallets, possibly sending them to Binance according to previous records. Subsequently, they transferred another 377.78 BTC (worth $38.57 million) to two different wallets. Over the past few hours, they have transferred a total of 633.047 BTC, worth $64.57 million. Currently, the Bhutanese government holds 11,055 BTC, valued at $1.13 billion. While the transfer addresses are unknown, the market generally speculates that these Bitcoins may be used for government investments or development projects. The Bhutanese government has actively embraced cryptocurrency in recent years and sees it as a key component of the country's economic development. This transfer once again demonstrates the Bhutanese government's emphasis on cryptocurrency and serves as a reference case for other countries.