In a landmark move, Pakistan has officially announced the establishment of a government-led Bitcoin Strategic Reserve, signaling a significant shift from its previous stance on cryptocurrencies. The announcement was made by Bilal Bin Saqib, head of Pakistan's Crypto Council and Special Assistant to the Prime Minister on Blockchain and Cryptocurrency, during the Bitcoin 2025 conference in Las Vegas on May 28, 2025.
This initiative aligns Pakistan with a growing number of nations recognizing the strategic importance of digital assets. Inspired by the United States' own plans for a Bitcoin reserve, Pakistan aims to position itself as a forward-thinking player in the global crypto landscape.
Key Highlights:
Strategic Reserve:
Pakistan will establish a Bitcoin reserve as a long-term national asset, with a commitment to hold and not sell these holdings.
Energy Allocation:
The government has allocated 2,000 megawatts of surplus electricity to support Bitcoin mining and AI data centers, aiming to utilize excess energy effectively.
Regulatory Framework:
The formation of the Pakistan Crypto Council in March 2025, under the Ministry of Finance, underscores the country's commitment to developing a comprehensive regulatory environment for digital assets.
This strategic pivot not only marks a new chapter in Pakistan's financial policy but also reflects a broader global trend of integrating cryptocurrencies into national economic strategies.
Current Bitcoin Price:
$107,923.00 USD (down 0.78% from the previous close)
As Pakistan embarks on this transformative journey, the global crypto community watches with keen interest, anticipating the potential ripple effects on both regional and international scales.
