Bhutan Taps 3iQ to Manage Its Bitcoin Treasury

Bhutan is taking a major step toward formalizing its Bitcoin strategy. The country's Gelephu Mindfulness City has selected the Toronto based firm 3iQ Corp as the institutional manager for part of its Bitcoin holdings. This move shifts Bhutan from simple accumulation toward an active management strategy for its national treasury.

While the specific amount of Bitcoin involved remains private, the mandate signals a shift in how the nation uses its digital assets. Instead of just holding or selling its stash to fund infrastructure, Bhutan is now working with professional external managers to oversee a portion of the reserves. 3iQ will also establish a local office and focus on training local talent to help build out the city as a financial hub.

This partnership follows a period of heavy activity for Bhutanese reserves. Data shows the sovereign fund has been moving and selling portions of its Bitcoin holdings over the last two years to support local projects. By bringing in 3iQ, the region hopes to professionalize its operations and attract more international firms to its new digital financial zone.

Traders should watch for future announcements regarding how this mandate functions in practice. For now, the arrangement shows that Bhutan is committed to keeping Bitcoin at the center of its economic development while seeking the expertise needed to manage it like a modern institutional treasury.