🔥 Pakistan Sets the Stage for a Government-Led Bitcoin Reserve
At the Bitcoin 2025 Conference in Las Vegas, Bilal Bin Saqib, CEO of the Pakistan Crypto Council, announced that Pakistan is establishing a government-led strategic Bitcoin reserve.
“This national Bitcoin wallet isn’t about hype or speculation,” said Bin Saqib during his speech. “We will hold these Bitcoins — and we will never, ever sell them.”
While the exact number of Bitcoins to be held remains undisclosed, it's also unclear whether the reserve will be built through direct purchases or alternative methods. Earlier this week, Prime Minister Shehbaz Sharif appointed Bin Saqib as his Special Assistant on Blockchain and Crypto, highlighting the government’s growing focus on digital assets.
Beyond the Bitcoin reserve, Pakistan plans to invest 2,000 megawatts of power to mine Bitcoin and support AI data centers. The country is also exploring tokenization of illiquid assets and using blockchain technology to improve government efficiency, signaling a major push into the digital future.
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