Bhutan Prepares 10,000 Bitcoin for Its ‘Mindfulness’ Cryptocurrency City

• Bhutan plans to use Bitcoin as a long-term development tool to fund its Gelephu Mindfulness City and support youth-focused economic growth.
• Over time, the country has steadily embedded blockchain into its public services and commerce, signaling interests in digital transformation rather than just short-term crypto adoption.

Bhutan has made a major announcement concerning its digital and cryptocurrency future. The head of the country has proposed a Bitcoin Development Pledge that would tie national reserves, clean energy, and generational growth into one long-term economic vision.

According to the details shared by the country’s official website, Bhutan pledged an allocation of about 10,000 Bitcoin, valued at roughly one billion dollars (as of the time when this is recorded), to advancing Gelephu Mindfulness City, a project that is being built in southern Bhutan for economic reasons.

What Bhutan Intends to Achieve With Cryptocurrency

Beyond just owning reserves and mining resources, Bhutan has shown interest in the long-term adoption of cryptocurrency. Within the last few years the country has embedded different blockchain infrastructure into their public life.

A national digital identity system now enables hundreds and even thousands of citizens to securely access services, while crypto-based payments have been integrated across commerce and tourism. The launch of the Gelephu Mindfulness City further emphasizes the country’s interests in the future of blockchain.

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The Gelephu Mindfulness City was created in 2024, and it plans to draw companies from different sectors, be it finance, travel, clean power, digital innovation, or health services, plus farming fields, into blockchain while still providing relaxed rules for blockchain ventures and financial technology operators.

Based on the report published for the 10,000 Bitcoin pledge, the goal of the country is to invest in youth, and by doing that, they plan to invest in the long-term strength of the nation itself. According to the King, he shared that he set up the initiative as a collective undertaking so he could liken the new city to a company owned by its people. With most land held by the state, prosperity generated through development will be broadly distributed rather than concentrated.

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