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

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 scalability limits. ➡️ Bitcoin Hyper uses the Solana Virtual Machine to deliver high-speed, low-cost smart contracts while securing […]

  • Read at Bitcoinist
  • Thu, 05 Feb 2026 15:32:34 +0000
Bhutan Offloads $22M in Bitcoin as Mining Costs Surge: Institutional Eyes Shift to High-Yield L2s