Here r the main points with additional context:

• Bhutan still holds more than 10,000 Bitcoins. DHI says these holdings remain intact n include the Bitcoin committed by His Majesty Our Druk Gyalpo beloved 5th King Jigme Khesar Namgyel Wangchuck for the Gelephu Mindfulness City initiative.
• Bitcoin mining continues at full capacity. DHI states that its mining facilities, with a combined capacity of under 500 MW, r operating normally. Domestic electricity consumption data reportedly supports that mining activity is ongoing.
• Why people thought Bhutan sold its Bitcoin, Blockchain tracking platforms such as Arkham monitor public wallets. DHI says it transferred most of its Bitcoin from publicly visible wallets into professionally managed custodial wallets. Bcoz those wallets r not publicly traceable in the same way, blockchain observers mistakenly interpreted the transfers as sales.
• Mining never stopped. Newly mined Bitcoin is now deposited into those custodial wallets instead of the old public wallets. As a result, blockchain trackers no longer see the mining rewards arriving at the previous addresses, leading to the incorrect conclusion that mining had ceased.
• Professional custody n investment strategy. DHI says it now uses internationally licensed digital asset custodians. Besides improving security, these firms help earn an estimated 5-6% annual return in Bitcoin through conservative strategies. DHI says it has deliberately avoided higher risk strategies that could potentially generate larger returns.
• Very limited Bitcoin sales. According to DHI, there have been no major Bitcoin sales during the past 12–18 months. Small sales’ve only been made to cover operational expenses such as electricity costs n replacing mining equipment.
• Mining equipment is being upgraded. About 15-20% of mining machines’ve been replaced with newer models that consume roughly 50% less electricity, improving efficiency n profitability.
• Winter operations. During winter, when Bhutan imports electricity at higher prices, DHI says it shuts down less efficient mining machines n operates only the most energy efficient equipment to keep mining economically viable.
• Future expansion. DHI says additional mining projects may be developed, either independently or with international partners. The main limitation is winter electricity availability, which could improve as new hydropower projects come online. Mining operations r being registered under the Gelephu Mindfulness City.
• Bitdeer partnership. The report also notes that Bitdeer Technologies Group is operating 500 MW of mining capacity in Gelephu and 100 MW in Gedu. The company reportedly pays taxes n land lease fees in U.S. dollars and electricity tariffs above those charged to domestic industries.