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crypto.news 2025-06-16 06:28:22

Michael Saylor to advise Pakistan on national Bitcoin strategy

Michael Saylor to advise Pakistan on national Bitcoin strategy

Strategy co-founder Michael Saylor has expressed willingness to advise Pakistan on its Bitcoin reserve strategy following a high-level meeting with the country’s finance leaders. According to local media , Saylor met with Finance Minister Muhammad Aurangzeb and State Minister on Blockchain and Crypto Bilal Bin Saqib in Islamabad on Sunday to discuss Pakistan’s emerging digital asset framework and its plan to integrate Bitcoin into its sovereign reserve strategy. Saylor, whose company holds the largest corporate Bitcoin treasury , discussed how Bitcoin could support national resilience and long-term economic transformation. He noted that Pakistan “has many brilliant people” and emphasized that leadership and clarity would attract capital to the country. The Finance Ministry shared a video of the meeting, in which Saylor stated that when the world sees a nation taking a leadership role in Bitcoin, “they get behind the leader and they send their money to you.” “I look forward to working with you,” he told the ministers, signalling his willingness to support Pakistan’s Bitcoin reserve initiative in an advisory capacity. You might also like: Michael Saylor boasts Strategy’s ‘indestructible balance sheet’ Saqib’s office described the meeting as a milestone in Pakistan’s bid to build a “robust digital assets policy framework” and position itself as a “Web3 and Bitcoin-ready emerging market.” Saqib believes Pakistan can adopt a similar model to Saylor’s, pointing to how he “transformed a mid-sized software firm” into a Bitcoin powerhouse through strategic conviction. With “the talent, story, and energy” already in place, Saqib argued that there’s no reason Pakistan, as a nation, can’t follow the same path. The meeting comes weeks after Pakistan confirmed plans to create a national Bitcoin reserve , just days after establishing the Pakistan Digital Assets Authority. Speaking at the Bitcoin 2025 conference in Las Vegas in May, Saqib announced that the government was setting up a long-term Bitcoin wallet and had no plans to sell its holdings, framing the initiative as a matter of state strategy. Pakistan also plans to allocate 2,000 megawatts of surplus electricity for Bitcoin mining and AI data centres, a move designed to monetise stranded energy assets and attract foreign capital. Officials have framed this as part of a broader effort to modernize the power and technology sectors. The Pakistan Crypto Council, launched in March, has been central to these developments. Saqib serves as both the CEO of the council and a state minister. In June, the council presented a draft legal framework for crypto regulation, which the Finance Ministry agreed to fast-track. Pakistan has previously tapped other global crypto figures for guidance, including Binance co-founder Changpeng Zhao, who came on board as a strategic adviser to help shape its blockchain infrastructure and regulatory landscape. Read more: Bitcoin to meet bro science? Saylor shoots his shot, hopes to chat crypto on Joe Rogan

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