Bhutan has inked a memorandum of understanding with Cumberland DRW, positioning itself as a notable player in the global Bitcoin ecosystem. The partnership spans multiple dimensions: establishing a structured Bitcoin reserve management framework, exploring stablecoin infrastructure, advancing mining operations, and developing AI compute capabilities. These initiatives are slated to be integrated into Gelephu Mindfulness City, marking a strategic convergence of blockchain technology and national development planning. The move signals growing institutional interest in Bitcoin as a sovereign asset class while exploring broader Web3 applications beyond simple asset holdings.
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UnluckyValidator
· 12-15 21:57
Bhutan's move is quite bold, directly tying Bitcoin and AI computing power to the country's development.
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WhaleWatcher
· 12-15 21:54
Bhutan's move is quite impressive, directly treating Bitcoin as a national strategy? Mindfulness City paired with crypto, this combination is amazing.
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pvt_key_collector
· 12-15 21:52
Bhutan is getting started, huh? The combination of mining + AI compute is quite interesting. The institutionalization of Bitcoin reserves is being handled quite professionally.
Bhutan has inked a memorandum of understanding with Cumberland DRW, positioning itself as a notable player in the global Bitcoin ecosystem. The partnership spans multiple dimensions: establishing a structured Bitcoin reserve management framework, exploring stablecoin infrastructure, advancing mining operations, and developing AI compute capabilities. These initiatives are slated to be integrated into Gelephu Mindfulness City, marking a strategic convergence of blockchain technology and national development planning. The move signals growing institutional interest in Bitcoin as a sovereign asset class while exploring broader Web3 applications beyond simple asset holdings.