Pakistan has announced its first government-supported Strategic Bitcoin Reserve, a major milestone in the country’s digital and financial evolution. The announcement was made by Pakistan Crypto Council (PCC) CEO and Special Assistant to the Prime Minister on Blockchain and Cryptocurrency, Bilal Bin Saqib, during his keynote speech at the Bitcoin 2025 conference in Las Vegas, as reported by ARY News.
The event was attended by high-profile figures, including U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr. Saqib thanked U.S. President Donald Trump for easing India-Pakistan tensions and for encouraging cryptocurrency adoption, noting that U.S. policies served as a model for Pakistan’s crypto initiatives.
Saqib clarified that the Bitcoin holdings will be stored in a national wallet and are designated as long-term sovereign assets. He stressed that the government will not engage in speculative trading and will not sell these reserves, reinforcing their role as a stable national asset.
To address global concerns, Saqib highlighted that both Pakistan and Bitcoin often face unfair reputations of instability. He called for the international community to view Pakistan as a growing hub for digital talent, innovation, and opportunity.
In a related development, Pakistan’s government has allocated 2,000 megawatts of electricity for Bitcoin mining and AI-powered data centers. According to the Finance Division, this bold initiative aims to utilize surplus power to attract foreign investment, generate billions in revenue, and create high-tech employment opportunities.
Finance Minister Muhammad Aurangzeb described the strategic energy allocation as a crucial step in Pakistan’s digital transformation, turning excess energy into a driving force for technological growth and international economic engagement.
