Bhutan to Use 10K Bitcoin Holdings for Mindfulness City Development
The Kingdom of Bhutan is reportedly planning to allocate 10,000 Bitcoin from its holdings to fund the development of its "mindfulness city." According to reports, Bhutan possesses approximately 11,286 Bitcoin, which is valued at over $986 million. This stash positions the country as the fifth-largest known holder of Bitcoin among nations. The development highlights the increasing integration of cryptocurrency assets into national economic strategies.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.