Pakistan has announced the creation of a strategic reserve in Bitcoin 🇵🇰
At the Bitcoin 2025 conference in Las Vegas, the cryptocurrency advisor to the Prime Minister of Pakistan, Bilal bin Saqib, stated that the country will create a national strategic reserve in Bitcoin.
The authorities were inspired by a similar initiative in the U.S., where in March, President Trump signed an executive order to form an American Bitcoin reserve.
"We will store these Bitcoins and will never, ever sell them."
Project details are not disclosed, but representatives of the Pakistani government have already confirmed the intention to allocate 2000 MW of electricity for data centers and mining to attract investments and create jobs.
Saqib is also an advisor to the cryptocurrency project World Liberty Financial, which is connected to Trump's circle. WLF has signed a memorandum with the Ministry of Finance of Pakistan regarding the use of its stablecoin USD1 for transactions.
In April, Pakistan also confirmed the appointment of Binance founder Changpeng Zhao as a strategic advisor.