Pakistan’s crypto czar Bilal Bin Saqib burst into the headlines in late May by announcing live on stage at Bitcoin 2025 that the country will establish a Bitcoin Reserve.
Saqib, Pakistan’s crypto minister and CEO of the Pakistan Crypto Council, tells Magazine a discussion with Strategy executive chairman Michael Saylor made him feel even more certain about the decision.
Saqib said that while he was already smitten with Bitcoin before, he felt reinvigorated like he’d been orange-pilled all over again.
“It was great. He’s a man of conviction, great for the space, and great for Bitcoin,” the London School of Economics graduate says.
Strategy provides yield to its holders relating to BTC price increases, but Saqib reveals that Pakistan plans to grow its Bitcoin holdings with yield from decentralized finance protocols.
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