tl;dr
Michael Saylor, co-founder of Strategy, met with Pakistani officials including State Minister on Blockchain Bilal Bin Saqib and Finance Minister Muhammad Aurangzeb to discuss cryptocurrency adoption. Saylor praised Pakistan's progressive stance and encouraged the country to consider Bitcoin as a sov...
Michael Saylor, co-founder of Strategy, recently met with Pakistani officials including State Minister on Blockchain Bilal Bin Saqib and Finance Minister Muhammad Aurangzeb to discuss the adoption of Bitcoin as a sovereign reserve asset. He praised Pakistan's progressive approach to cryptocurrency, emphasizing Bitcoin as a strong asset for long-term national resilience and urging emerging markets like Pakistan to seize the unique opportunity to advance their financial systems.
In March, Pakistan launched the Pakistan Crypto Council (PCC), a regulatory body focused on integrating blockchain technology into the country's financial infrastructure. The PCC aims to position Pakistan as a leader in digital asset innovation within the Global South, setting standards for regulation and inclusive growth in the digital economy. Officials expressed ambitions to develop a strategic Bitcoin reserve, marking a significant step toward building a robust digital assets policy framework that attracts global institutional interest and fosters Web3 readiness.
During the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib highlighted intentions to establish Pakistan’s strategic Bitcoin reserve, reflecting the government's commitment to embracing digital currencies at a national level. The Ministry of Finance recognized the dialogue with Saylor as a pivotal milestone in Pakistan's journey toward a secure, innovative, and forward-thinking crypto adoption strategy.
Michael Saylor also hinted at another major Bitcoin purchase by Strategy, the company currently holding approximately 582,000 BTC valued at around $62 billion. Recent public indications from Saylor's social media suggest ongoing accumulation, with Strategy having a dollar cost average purchase price just over $70,000 per coin and an unrealized profit near $21 billion, underscoring their bullish stance on Bitcoin’s future.
This collaboration and strategic discourse reinforce Pakistan’s ambition to leapfrog traditional financial systems, utilizing Bitcoin and blockchain technology to create resilient and innovative economic structures. It sets an inspiring example for other emerging markets aiming to harness digital assets for sustainable growth and global financial integration.