- Pakistan is developing a national Bitcoin reserve strategy with guidance from Michael Saylor.
- The country plans to use surplus energy for mining and fast-track crypto regulations to become a Bitcoin-ready economy.
Pakistan Sets Sights on Bitcoin Integration
Pakistan has taken a major step toward adopting Bitcoin at the national level by inviting Michael Saylor, co-founder of MicroStrategy, to serve as an adviser. In a high-profile meeting held in Islamabad, Saylor met with Finance Minister Muhammad Aurangzeb and State Minister for Blockchain and Crypto Bilal Bin Saqib to discuss the country’s digital asset goals.
With MicroStrategy known for holding the largest corporate Bitcoin reserve, Saylor brings deep expertise to the table. He emphasized how Bitcoin could drive economic stability and long-term growth, stating, “When the world sees a nation take the lead on Bitcoin, they follow with capital and investment.”
Saylor’s Model Inspires Pakistan’s Vision
Bilal Bin Saqib described the meeting as a milestone for Pakistan’s digital strategy. He pointed to Saylor’s success in transforming a mid-sized software company into a Bitcoin leader, suggesting Pakistan could follow a similar path. According to Saqib, the country already has the talent, energy, and ambition needed to lead in the Web3 and Bitcoin space.
Pakistan recently confirmed plans to establish a national Bitcoin reserve, supported by the new Pakistan Digital Assets Authority. The government intends to hold its Bitcoin long-term, positioning it as a strategic asset rather than one for short-term gains.
Powering Bitcoin with Clean Energy
To support this vision, Pakistan plans to allocate 2,000 megawatts of surplus electricity for Bitcoin mining and AI data centers. This approach aims to monetize unused energy and attract foreign investment, especially in the tech and energy sectors.
The Pakistan Crypto Council, led by Saqib, has also introduced a draft legal framework for crypto regulation. The Finance Ministry has agreed to fast-track the proposal, further signaling strong government backing. Earlier this year, Binance co-founder Changpeng Zhao was also brought on board as a strategic adviser.
With global crypto leaders like Michael Saylor now involved, Pakistan is positioning itself to become a major player in the future of digital assets.
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