In a significant development for the global cryptocurrency landscape, Michael Saylor, co-founder of Strategy and a leading Bitcoin advocate, has expressed his willingness to advise Pakistan on its national Bitcoin reserve strategy. This offer follows a high-level meeting in Islamabad where Saylor engaged with Pakistan’s Finance Minister Muhammad Aurangzeb and State Minister on Blockchain and Crypto Bilal Bin Saqib. The discussions centered on Pakistan’s burgeoning digital asset framework and its ambitious plans to integrate Bitcoin into its sovereign reserve strategy, marking a potentially pivotal moment for the nation’s economic future.
Saylor’s Vision for Pakistan’s Digital Future
Michael Saylor, whose company, Strategy, holds the largest corporate Bitcoin treasury in the world, articulated how Bitcoin could serve as a cornerstone for national resilience and long-term economic transformation in Pakistan. During his meeting with the finance leaders, Saylor commended Pakistan’s “many brilliant people” and underscored that strong leadership and regulatory clarity would be paramount in attracting significant capital to the country. He conveyed a powerful message to the ministers, stating that when the world observes a nation taking a leadership role in Bitcoin, “they get behind the leader and they send their money to you,” signaling his eagerness to support Pakistan’s initiative in an advisory capacity.
A Milestone for Pakistan’s Web3 Ambitions
State Minister Bilal Bin Saqib’s office heralded the meeting as a “milestone” in Pakistan’s concerted efforts to construct a robust digital assets policy framework. This strategic engagement is aimed at positioning Pakistan as a “Web3 and Bitcoin-ready emerging market.” Saqib drew parallels to Saylor’s own journey, noting how he successfully “transformed a mid-sized software firm” into a Bitcoin powerhouse through unwavering strategic conviction. Saqib expressed confidence that with Pakistan’s inherent “talent, story, and energy,” the nation is well-positioned to follow a similar trajectory and achieve national success in the digital asset space.
Forging a National Bitcoin Reserve
The high-level discussions with Michael Saylor come just weeks after Pakistan formally confirmed its plans to establish a national Bitcoin reserve. This groundbreaking initiative was announced by Bilal Bin Saqib at the Bitcoin 2025 conference in Las Vegas in May. Saqib clarified that the government is setting up a long-term Bitcoin wallet and explicitly stated there are “no plans to sell its holdings,” framing the entire endeavor as a matter of critical state strategy for financial sovereignty. This commitment to a long-term hold signals Pakistan’s serious intent to integrate digital assets into its core economic planning.
Powering Crypto Growth with Surplus Energy
Further demonstrating its commitment to becoming a digital asset hub, Pakistan also plans to allocate a substantial 2,000 megawatts of surplus electricity for Bitcoin mining and AI data centers. This innovative move is strategically designed to monetize the country’s currently stranded energy assets and concurrently attract significant foreign capital into its burgeoning technology sector. Officials have framed this ambitious energy policy as an integral part of a broader national effort to modernize both the power infrastructure and foster advanced technology industries, turning a previous burden into a productive economic tool.
The Pakistan Crypto Council: Spearheading Regulation
Central to all these developments is the Pakistan Crypto Council (PCC), which was formally launched in March. Bilal Bin Saqib serves as both the CEO of this pivotal council and holds the position of state minister, underscoring the government’s direct involvement in fostering a conducive crypto environment. In June, the PCC presented a draft legal framework for comprehensive crypto regulation, which the Finance Ministry has swiftly agreed to fast-track. This legislative push is aimed at providing clarity and stability for the crypto industry, attracting both local and international investment.
International Guidance Shapes Pakistan’s Path
Pakistan’s proactive approach to shaping its digital asset landscape has seen it tap into the expertise of other prominent global crypto figures. Notably, Binance co-founder Changpeng Zhao (CZ) previously came on board as a strategic adviser to assist in shaping the country’s blockchain infrastructure and regulatory environment. The willingness to engage with leading figures like Saylor and CZ highlights Pakistan’s earnest desire to leverage international best practices and insights as it navigates the complex but promising path towards becoming a significant player in the global digital asset economy. This collaborative approach underscores a commitment to building a robust and globally compliant crypto ecosystem.
