Bhutan selects digital asset manager 3iQ for Bitcoin treasury strategy
Bhutan’s special administrative region, Gelephu Mindfulness City, has appointed Canadian digital-asset manager 3iQ to manage part of its Bitcoin treasury. This agreement follows a December 2025 initiative allocating up to 10,000 Bitcoin from national reserves to support regional economic development. While specific capital amounts and custody details were not disclosed, 3iQ will establish a local physical presence in Gelephu to help build a sustainable, institutional digital offshore financial innovation hub.
Key takeaways
- 1Gelephu Mindfulness City appointed Canadian asset manager 3iQ to manage part of its Bitcoin treasury.
- 2Bhutan previously committed up to 10,000 Bitcoin from national holdings to support the special administrative region.
- 3The partnership terms, including specific capital allocations, custody arrangements, and yield strategies, remain undisclosed.
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Why it matters
Sovereign entities actively deploying national crypto reserves to professional asset managers marks a maturing phase for institutional Bitcoin adoption. Investors should track whether state-backed treasuries begin utilizing complex yield-generation strategies or derivative products.
Discussion
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