Bhutan's GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge

CryptoInfo Editorial Team · Published on August 04, 2026 at 07:56 · Updated on August 04, 2026 · 1 min read

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Key Takeaways

→Gelephu Mindfulness City is putting part of its bitcoin treasury to work after a 10,000 BTC pledge
→3iQ will manage the funds on a market-neutral basis
→This move represents a shift from holding the coins as a long-term national asset

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Gelephu Mindfulness City, a planned development in Bhutan, has announced that it will be putting part of its bitcoin treasury to work. This move comes after the city pledged 10,000 BTC.

According to reporting from CoinDesk, 3iQ will be responsible for managing the funds on a market-neutral basis. This represents a shift from the city's previous approach of holding the coins as a long-term national asset.

The decision to put part of its bitcoin treasury to work may mark a new phase in the city's management of its cryptocurrency holdings.

Source: CoinDesk ↗

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