World · Institutional · Bhutan ·
Bhutan's Gelephu Mindfulness City pledges 10,000 BTC and deploys part of treasury to 3iQ
Bhutan's planned Gelephu Mindfulness City announced a 10,000 Bitcoin commitment and hired 3iQ to manage part of its bitcoin treasury on a market-neutral basis, shifting from long-term holdings to active management.
Why it matters for the crypto market
A sovereign nation-backed city deploying its national bitcoin treasury for yield generation signals confidence in crypto assets as institutional holdings and moves beyond simple long-term accumulation.
Source: CoinDesk
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