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Pakistan is establishing a national-level Bitcoin strategic reserve

2025-05-29 08:09:49
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ChainCatcher news, according to Decrypt, Bilal Bin Saqib, Special Assistant to the Prime Minister and Advisor on Blockchain and Cryptocurrency Affairs, announced at the "Bitcoin 2025" conference that Pakistan is establishing a national-level Bitcoin strategic reserve, stating, "We will hold these Bitcoins and never sell them."

Bin Saqib mentioned that the plan is inspired by the U.S. establishing a Bitcoin reserve and added that the Pakistani government also announced this week that it will allocate 2,000 megawatts of surplus electricity to Bitcoin mining and AI data centers to promote revenue generation, employment, and attract foreign investment. Bin Saqib is also an advisor to the Trump cryptocurrency project World Liberty Financial.

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