Bitcoin News

Story: Gelephu Taps Canadian Firm 3iQ to Manage Its 10,000-Bitcoin Treasury

By Jean-Luc Maracon

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What 3iQ Brings to the Table. 3iQ CEO Pascal St-Jean made the case for institutional discipline.

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Gelephu's Bigger Bet on Digital Finance. Gelephu Mindfulness City is a strange and genuinely interesting project.

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What Comes Next. Both 3iQ and Gelephu say more announcements are coming. Phased. Milestone-driven.

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Bhutan's Gelephu Mindfulness City just handed a chunk of its Bitcoin treasury to 3iQ. The Canadian digital-asset manager will oversee an undisclosed portion of those holdings as…

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The deal is pretty much the clearest sign yet that Gelephu isn't treating Bitcoin as a passive reserve.

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3iQ CEO Pascal St-Jean made the case for institutional discipline. Per St-Jean, the goal is managing Bhutan's assets responsibly and transparently over the long term.

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Gelephu board director Jigdrel Singay went further. He called 3iQ a foundational partner in the city's mission to become a digital offshore financial hub.

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Beyond managing coins, 3iQ is committing to a long-term physical presence in Gelephu. That means training local talent. Knowledge transfer.

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Gelephu Mindfulness City is a strange and genuinely interesting project. It's being built in southern Bhutan, designed from scratch with sustainability and mindfulness principles…

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More context: US Treasury Hits HormuzSafe With Sanctions Over Bitcoin-Linked Maritime Insurance Scheme

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The sovereign Bitcoin angle matters for context. Nation-states and state-adjacent entities holding Bitcoin directly is still relatively rare, even as the idea has gained ground…

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It's worth being honest about what we don't know yet. The portion of the treasury 3iQ is actually managing? Undisclosed. The specific strategies? Not out yet.

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What is clear: Gelephu is moving faster than most observers probably expected. Getting a regulated Canadian asset manager into a formal treasury management role — with training…

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See also: Vida Global Adopts Bitcoin Payroll via Lightning Network Without Holding Crypto

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Both 3iQ and Gelephu say more announcements are coming. Phased. Milestone-driven. The city's infrastructure and digital-asset management capabilities are still developing, and…

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