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Bhutan Offloads $22M in Bitcoin as Mining Costs Surge: Institutional Eyes Shift to High-Yield L2s

  • Ben Wallis--Bitcoinist
  • published date: 2026-02-05 15:32:34 UTC

Quick Facts: ➡️ Bhutan’s $22M Bitcoin liquidation highlights the financial pressure on industrial miners due to rising difficulty and costs. ➡️ As L1 spot prices face sell pressure, capital is rotating into infrastructure projects that solve Bitcoin’s scalabi…

Quick Facts:<ul><li> Bhutans $22M Bitcoin liquidation highlights the financial pressure on industrial miners due to rising difficulty and costs.</li><li> As L1 spot prices face sell pressure, capital… [+4954 chars]