Las Vegas, Nevada – Pakistan’s government has plans to establish a strategic Bitcoin
Reserve and support Bitcoin Mining, the country’s prime minister for Blockchain and Krypto Bilal Bin Saqib announced on Bitcoin 2025 in Las Vegas on Wednesday.
Bin Saqib said Pakistan’s plans for a strategic Bitcoin reserve were inspired by US President Donald Trump’s own new plan for a strategic Bitcoin reserve in the United States, which – at least first – was filled with the US government’s inventory from criminals and civilian perdition, estimated to sit at about 200,000 Bitcoins. He also said that the government in Pakistan followed the push of the United States for stableecoin legislation, the Genius law, “very carefully.”
Like Bitcoins earmarked for the US strategic reserve, bin saquib said the Pakistani government would not sell its Bitcoins.
“This wallet, the national Bitcoin design book, is not for speculation or hype. We will keep these bitcoins and we will never ever sell them,” said bin Saqib.
In addition to creating a strategic reserve, bin Saqiib announced that Pakistan’s government has earmarked 2,000 megawatt electricity for Bitcoin mining and AI data centers. “We will welcome all miners to come to Pakistan, all infrastructure players to come to Pakistan and build with us,” said bin saqib.
Bin Saqib said the creation of a strategic reserve in Bitcoin in Pakistan would be “just the beginning” of the country’s embrace of the crypto industry.
“We have over 100 million unkind people. They lack tools to save, for investment, and we want to change it. We want them to break their financial classes. And I really think crypto and blockchain can help us take that quantum leap,” Bin Saqib said. “We want to tokenize our illiquid assets. We want to make digital IDs … so Pakistan is looking for allies. Pakistan is looking for access because Pakistan will build.”
