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<ul>
 <li>Bhutan pledges 10,000 BTC to fund Gelephu Mindfulness City, moving faster than El Salvador.</li>
 <li>El Salvador secured $1.6B for port upgrades, but “Bitcoin City” construction lacks a start date.</li>
 <li>Bhutan uses sovereign mining reserves for funding, while El Salvador relies on delayed external bonds.</li>
</ul>
The global race to construct the world’s first functioning ‘Bitcoin City’ has a new frontrunner. While El Salvador captured headlines with its 2021 announcement, the Kingdom of Bhutan is quietly advancing its own Gelephu Mindfulness City (GMC) with a massive $1 billion sovereign capital injection, signaling that the Himalayan nation may deliver on the concept first.
Bhutan’s approach relies on sovereign equity rather than external debt. The government recently announced a Bitcoin Development Pledge, earmarking up to 10,000 BTC (valued at roughly $1 billion) from its nation…
Read The Full Article <a href="https://coinedition.com/bhutan-vs-el-salvador-who-wins-the-first-bitcoin-city-race/" rel="noopener noreferrer nofollow">Bhutan Makes Bitcoin Reserves a City Plan, While El Salvador’s Bitcoin City Waits</a> On <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bhutan Makes Bitcoin Reserves a City Plan, While El Salvador’s Bitcoin City Waits

Coin Edition

Other articles published on Dec 18, 2025

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