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

By ScryveWire ·

According to CoinDesk, Bhutan's Gelephu Mindfulness City has engaged 3iQ to manage a portion of its bitcoin treasury using a market-neutral strategy aimed at generating steady returns. This follows the country's earlier commitment to hold up to 10,000 BTC as a long-term asset. The arrangement is also expected to create job opportunities and enhance technological and financial skills for local youth. Read the full story at CoinDesk . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.