STRATEGIC MOVEMENT:

• The central bank of Kazakhstan is diversifying reserves with Bitcoin National Reserve Exploration

• Capitalizes on the country's position as a global mining hub (18% of Bitcoin's hash rate)

• Reserve funded through state mining operations and seized assets Bitcoin Reserve Strategy

Market Impact

• Potential support for BTC price with planned allocation of 10% from the $100B sovereign fund

• The regulatory framework of the AIFC offers a suitable trading environment

• Mining sector ready for growth through infrastructure investments Confirmed Crypto Investments

Trading Considerations

• Regular exchanges are likely to benefit

• Legislative changes expected by Q4 of 2025

• Monitor announcements from the NBK for market signals

• Mixed sentiment from the community: institutional validation versus concerns about asset seizure