CryptocurrenciesPremiumBitcoin Supply Surge: Bhutan and MARA Liquidate $1.7B as Mining Business Models Pivot
The global Bitcoin market is facing a concentrated supply-side event as two of its most significant institutional holders, the Kingdom of Bhutan and the mining conglomerate MARA, execute multi-billion dollar liquidations. According to recent data from Arkham, the Bhutanese government has moved an additional 100 BTC, bringing its total outflows for 2026 to over $230 million.