Pakistan Announces Plans for Government-Led Bitcoin Strategic Reserve

Pakistan's initiative to create a Bitcoin reserve signals a major policy shift towards embracing digital assets and enhancing its blockchain infrastructure.

BTC

Summary

At the Bitcoin 2025 conference, Bilal Bin Sakib, head of the Pakistan Crypto Council, announced plans for a national Bitcoin strategic reserve, emphasizing that the government will not sell these holdings. The initiative includes allocating 2,000 MW of surplus power for Bitcoin mining and AI operations, marking a significant shift from previous anti-crypto policies and aligning with global digital asset trends.

Terms & Concepts
  • Bitcoin Strategic Reserve: A government-led initiative to hold Bitcoin as a reserve asset, aimed at stabilizing and supporting the national economy.
  • Bitcoin 2025 conference: An annual event that gathers industry leaders and enthusiasts to discuss the future of Bitcoin and cryptocurrency.