Bhutan Names 3iQ Corp. to Manage Portion of Bitcoin Reserves
Bhutan's Gelephu Mindfulness City has named Toronto-based 3iQ Corp. as its first institutional manager for a portion of its Bitcoin treasury, marking a significant step in deploying the country's BTC reserves.
The announcement comes after Bhutan announced in December 2025 that up to 10,000 BTC from its national holdings would be allocated to support GMC's long-term development.
3iQ Corp. will manage a dedicated portion of GMC's Bitcoin reserves under the mandate, which grants the firm discretionary management over a defined portion of GMC's BTC holdings.
The partnership extends beyond conventional asset management as 3iQ has committed to investing in local talent development, knowledge transfer, and establishing a permanent office in Gelephu.