3iQ Wins Bitcoin Treasury Mandate in Bhutan: Institutional Ecosystem Takes Shape
3iQ has secured a mandate to manage part of Gelephu Mindfulness City's Bitcoin treasury in Bhutan. The Canadian asset management firm will oversee a portion of the city's BTC holdings, which are part of Bhutan's overall digital asset policy revealed in late 2025.
The partnership aims to build an institutional-level ecosystem that welcomes international asset managers and blockchain experts. 3iQ will invest in its own talent, offer tech education, and share expertise with other businesses to promote digital finance in Bhutan.
Bhutan has been secretly mining Bitcoin using its hydropower resources, making it one of the largest sovereign BTC holders worldwide. The government plans to deploy these assets to spur economic development, aligning with its vision for sustainable growth and conscious development.