Bhutan is making headlines with its ambitious plan to allocate up to 10,000 bitcoin, equivalent to approximately $1 billion, for the development of the innovative Gelephu Mindfulness City. This initiative aims to establish a special economic zone that fosters sustainable industries while creating job opportunities for its citizens.
Recent reports indicate that this significant funding announcement coincided with the nation’s national day, highlighting Bhutan’s commitment to long-term investment rather than a swift asset liquidation.
Royal Announcement on Bitcoin Commitment
In a statement released by King Jigme Khesar Namgyel Wangchuck, the allocation of Bitcoin is intended to empower the Bhutanese populace, especially the youth. The pledge seeks to transform every citizen into a “custodian, stakeholder, and beneficiary” of this transformative project, directly linking the funding to the creation of economic opportunities within Gelephu.
Bhutan has partnered with Cumberland DRW to create a responsible digital asset ecosystem in Gelephu Mindfulness City, led by the vision of His Majesty King Jigme Khesar Namgyel Wangchuck.
This partnership emphasizes sustainable digital asset infrastructure, fostering innovation and growth… pic.twitter.com/IJR7t3oHYl
— gmcbhutan (@gmcbhutan) December 15, 2025
Strategic Management of Digital Reserves
Officials from the Bhutanese government have indicated that the 10,000 BTC will be managed diligently to maintain its value while generating potential returns through carefully structured strategies, rather than opting for immediate liquidation.
Furthermore, the government has formed a multi-year memorandum of understanding with Cumberland DRW. This partnership aims to develop robust digital asset infrastructure while exploring the management of reserves, stablecoins, and renewable energy-powered mining initiatives within the new zone.
Overview of Gelephu Mindfulness City
Gelephu Mindfulness City is designed to address key challenges facing Bhutan, such as youth emigration, declining birth rates, and insufficient job creation. The city is envisioned as an economic haven incorporating green energy, technology, tourism, and regulated finance.
Earlier analyses reveal that the project aims to merge these sectors in a sustainable way. It includes planned spaces for vetted businesses and infrastructure enhancements, including an airport and dry port, thereby creating jobs that align with Bhutan’s environmental and cultural values.
Collaborations and Next Steps
The collaboration with Cumberland DRW is targeted at enhancing market access and establishing institutional-grade operations for the city’s cryptocurrency activities. This includes exploring a national stablecoin and developing sustainable mining operations, bolstered by renewable energy sources. Local authorities are actively seeking legal and investment partners to facilitate clarity and attract investment into the zone’s initiatives.
Global Perspectives and Challenges
Experts highlight that Bhutan’s approach signifies one of the most substantial governmental moves toward leveraging bitcoin as a mechanism for development. This bold pledge brings forth important considerations regarding governance, transparency, and the risks associated with fluctuating cryptocurrency prices impacting state finances.
While the potential benefits are vast, with funds promising to underwrite significant projects, they will also necessitate close scrutiny to prevent financial setbacks that could adversely affect public services.
Image credits to Visit Bhutan; chart sourced from TradingView
