Catenaa, Monday, June 02, 2025- Pakistan is establishing a government-led strategic Bitcoin reserve as part of a broader push to adopt blockchain technology and digital assets, according to Pakistan Crypto Council CEO Bilal Bin Saqib.
The announcement was made Wednesday at the Bitcoin 2025 conference in Las Vegas.
Bin Saqib, recently appointed as special assistant to Prime Minister Shehbaz Sharif for blockchain and crypto, said the national Bitcoin wallet would serve as a long-term reserve and not be used for speculation or trading.
He emphasized the government’s intent to hold the Bitcoin indefinitely.
While the quantity of Bitcoin to be held remains undisclosed, the initiative marks a sharp turn in Pakistan’s digital asset policy.
Alongside the reserve, the country plans to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers. Bin Saqib also highlighted future efforts to tokenize illiquid national assets and modernize governance through blockchain integration.
The move follows the May formation of the Pakistan Digital Assets Authority by the Ministry of Finance to oversee crypto regulation.
It also comes after a letter of intent was signed between the Pakistan Crypto Council and the Trump-backed World Liberty Financial organization to fast-track blockchain adoption.
Bin Saqib credited the US and President Donald Trump’s pro-Bitcoin stance as an inspiration. The US government currently holds about 200,000 Bitcoins. Pakistan now joins nations like El Salvador in advancing national crypto strategies, potentially reshaping its financial landscape through decentralized technology.
