CRYPTO
Bhutan's GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge
CoinDeskTuesday, August 4, 2026 at 7:56 AM
RedScroll Brief

The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset.
RedScroll Signal
- Impact
- High
- Category
- Crypto
- Market relevance
- High
- Why it matters
- Crypto moves are a live stress test of liquidity, regulation, and narrative risk. The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset. Watch liquidity and volatility around Bitcoin and Bhutan — crypto markets reprice narrative risk quickly.
Desk copy
RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
CoinDesk published: Bhutan's GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Bitcoin and Bhutan — crypto markets reprice narrative risk quickly.
More on
Related stories
- Strive Adds $143 Million in Bitcoin as Treasury Firms Pile Back In
DecryptCRYPTO
- Strategy returns to bitcoin buys, adding $370 million of BTC last week
CoinDeskCRYPTO
- Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears
CoinDeskCRYPTO
- Why Jim Cramer’s quantum panic isn’t rattling bitcoin as price holds steady around $64,000
CoinDeskCRYPTO
- Strategy Buys $370M of Bitcoin in First Purchase Since June
DecryptCRYPTO
- What Is an Air-Gapped Bitcoin Wallet? Why the Coldcard Exploit Changes the Conversation About Offline Security
DecryptCRYPTO
Source
CoinDesk
Original reporting by CoinDesk. RedScroll provides an extractive briefing only.