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Bhutan commits up to $1B in Bitcoin to build long-term national resilience

Photo: Mariia Shalabaieva

Bhutan commits up to $1B in Bitcoin to build long-term national resilience

Bhutan leverages clean energy-driven bitcoin mining to empower youth, attract partners, and secure a sustainable economic future for its people.

Bhutan has committed up to 10,000 BTC, worth approximately $1 billion, to support the long-term growth of Gelephu Mindfulness City (GMC), the country’s flagship nation-building project and future economic hub, according to a statement released on Wednesday.

Under the pledge, Bhutan will allocate Bitcoin produced using excess clean energy to support long-term infrastructure financing, partnership development, and national financial resilience.

The initiative, led by King Jigme Khesar Namgyel Wangchuck, leverages digital assets to enhance economic resilience, create quality employment opportunities, and develop youth skills as part of the GMC program.

Bhutan, via Druk Holding & Investments (DHI), has built sizable Bitcoin reserves through state-backed mining operations.

Gelephu Mindfulness City has outlined plans to include major digital assets such as Bitcoin, Ethereum, and BNB in its strategic reserves, making it an early adopter of holding crypto at the jurisdictional level.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Bhutan commits up to $1B in Bitcoin to build long-term national resilience

Bhutan commits up to $1B in Bitcoin to build long-term national resilience

Bhutan leverages clean energy-driven bitcoin mining to empower youth, attract partners, and secure a sustainable economic future for its people.

Photo: Mariia Shalabaieva

Bhutan has committed up to 10,000 BTC, worth approximately $1 billion, to support the long-term growth of Gelephu Mindfulness City (GMC), the country’s flagship nation-building project and future economic hub, according to a statement released on Wednesday.

Under the pledge, Bhutan will allocate Bitcoin produced using excess clean energy to support long-term infrastructure financing, partnership development, and national financial resilience.

The initiative, led by King Jigme Khesar Namgyel Wangchuck, leverages digital assets to enhance economic resilience, create quality employment opportunities, and develop youth skills as part of the GMC program.

Bhutan, via Druk Holding & Investments (DHI), has built sizable Bitcoin reserves through state-backed mining operations.

Gelephu Mindfulness City has outlined plans to include major digital assets such as Bitcoin, Ethereum, and BNB in its strategic reserves, making it an early adopter of holding crypto at the jurisdictional level.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.