Bhutan partners with 3iQ to manage sovereign Bitcoin holdings
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Bhutan has partnered with Canadian digital asset manager 3iQ to actively manage its sovereign Bitcoin holdings, a move that could set a precedent for other nations. The kingdom, which has quietly accumulated Bitcoin through mining operations powered by its hydroelectric resources, is among the first countries to formalize professional management of state-held crypto assets. The partnership highlights the evolving role of digital assets in sovereign wealth strategies, moving beyond passive holding toward active portfolio management. It may encourage other governments to consider similar arrangements with institutional asset managers. Observers will watch for details on the size of Bhutan's Bitcoin holdings, the mandate's scope, and whether other nations follow suit with comparable sovereign crypto management deals.
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Bhutan, 3iQ, Bitcoin (BTC)
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