The Bhutanese government announced it will allocate 10,000 Bitcoins from its reserves to fund the development of the Gelephu Mindfulness City (GMC) in southern Bhutan. Launched in 2024, the project is positioned as a new special economic zone aimed at attracting investment and mitigating youth outflow by developing industries such as finance, tourism, green energy, technology, healthcare, and agriculture. Data shows that Bhutan currently holds approximately 11,286 Bitcoins, worth about $986 million, making it the fifth largest known national-level Bitcoin holder globally, primarily through mining. (Cointelegraph)
The Bhutanese government has allocated 10,000 Bitcoins from its reserves to advance the construction of the Mindfulness City (GMC) in Gelephu, southern Bhutan.
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