3iQ Corp Named Institutional Manager of Bhutan’s Bitcoin Reserves

In the latest Bitcoin news, Gelephu Mindfulness City, Bhutan’s southern special administrative region, has named Toronto-based 3iQ Corp.

as the first institutional manager for a portion of its Bitcoin treasury, formalizing what had been a state-level BTC accumulation strategy into an active, named-mandate arrangement.The announcement, dated July 30, 2026, marks the first concrete step toward deployment since Bhutan announced in December 2025 that up to 10,000 Bitcoin from its national holdings would be allocated to support GMC’s long-term development.

We're proud to announce that we have been awarded a mandate to manage  a dedicated portion of Gelephu Mindfulness City’s (@gmcbhutancrypto) bitcoin treasury in addition to signing a partnership to advance GMC's Digital Asset Ambition.Through this strategic partnership with GMC,… pic.twitter.com/KzGUrZIpfX— 3iQ (@3iq_corp) July 30, 2026 The mandate grants 3iQ discretionary management over a defined portion of GMC’s Bitcoin reserves, though the press release does not disclose the specific amount of BTC, the custody arrangement, permitted strategies, or the fee structure.That opacity is notable for a sovereign-linked reserve mandate; operational details that traders would typically expect to accompany an institutional announcement of this scale remain absent.Discover: Crypto prediction markets, regulated and liveBitcoin News: What the Mandate Actually CoversPer the announcement, 3iQ’s role extends beyond conventional asset management.

The firm has committed to investing in local talent development, knowledge transfer, and establishing...