Bhutan has announced plans to invest 10,000 Bitcoin in the development of a 'Mindfulness City', a 1,544-square-mile project set to launch in 2024. The initiative, which will unfold over 20 years, aims to bolster the nation's economy by focusing on finance, technology, and tourism sectors. Bhutan currently holds 11,286 BTC, valued at over $986 million, positioning it among the top global Bitcoin holders.
The project will introduce a gold-backed token named TER, designed to attract investment and stimulate economic growth. This ambitious development is expected to create jobs and help retain the country's youth, aligning with Bhutan's broader economic goals.
Bhutan to Invest 10,000 BTC in 'Mindfulness City' Project
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