Bhutan's government sends 100 BTC ($6.77M) to QCP Capital on February 12, 2026
On February 12, 2026, onchain data from Arkham Intelligence showed the Royal Government of Bhutan moved 100 BTC, valued at $6.77 million, to QCP Capital's WBTC merchant deposit address. Arkham also traces a similar 100 BTC transfer worth $8.31 million two weeks earlier, alongside a $1.5 million USDT transaction to Binance.