Pakistan has announced a significant shift in its financial strategy by establishing a government-led Strategic Bitcoin Reserve. This move, unveiled on May 28, 2025, at the Bitcoin 2025 conference in Las Vegas by Bilal Bin Saqib, CEO of the Pakistan Crypto Council and Minister of Crypto and Blockchain, marks a departure from the country's previous stance on cryptocurrencies.
The government plans to hold Bitcoin in a national wallet with no intention of selling, signaling a long-term commitment to digital currency. This initiative is part of a broader strategy that includes allocating 2,000 megawatts of electricity to support Bitcoin mining and artificial intelligence data centers.
Inspired by the United States' own Strategic Bitcoin Reserve, Pakistan aims to utilize its surplus electricity capacity, address high electricity tariffs, and capitalize on the rapid growth of solar energy adoption. The initiative is expected to generate high-tech employment opportunities and attract foreign investment, contributing to the country's digital infrastructure development.
With over 40 million crypto wallets and one of the largest freelancer economies globally, Pakistan's embrace of blockchain technology and cryptocurrency could position it as a significant player in the global digital economy.
