Islamabad, May 29, 2025: In a landmark move for the country’s digital economy, Pakistan has officially announced its first government-backed Strategic Bitcoin Reserve, positioning itself among the few nations globally to adopt cryptocurrency as a sovereign asset.
The announcement was made by Bilal Bin Saqib, Chief Executive Officer of the Pakistan Crypto Council (PCC) and Special Assistant to the Prime Minister on Blockchain and Cryptocurrency, during his keynote address at the Bitcoin 2025 Conference in Las Vegas. The high-profile event was attended by influential figures including U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr.
Saqib expressed appreciation to U.S. President Donald Trump for his diplomatic role in reducing tensions between India and Pakistan, and for policies that have encouraged cryptocurrency adoption. He cited the U.S. approach as a model that inspired Pakistan’s strategic entry into the digital asset space.
According to Saqib, the Bitcoin reserve will be stored in a national digital wallet and maintained as a long-term sovereign asset, not for speculation or market trading. “These reserves will not be used to chase Bitcoin’s price swings. They are a strategic asset, symbolizing Pakistan’s commitment to future-facing finance,” he said.
Addressing global perceptions, Saqib highlighted that both Pakistan and Bitcoin often suffer from misconceptions of instability and risk. He called on the international community to recognize Pakistan’s untapped potential, abundant talent, and growing tech capacity, presenting the country as a rising player in the global digital innovation arena.
This development comes as part of a broader national strategy. Earlier this year, the Government of Pakistan allocated 2,000 megawatts of electricity to power Bitcoin mining and Artificial Intelligence data centers, aiming to leverage surplus energy for economic gain.
According to the Finance Division, the initiative is designed to monetize excess electricity, attract billions in foreign direct investment (FDI), and generate significant revenue for the national exchequer, while creating thousands of high-tech jobs.
Finance Minister Senator Muhammad Aurangzeb hailed the strategic energy allocation as a turning point in Pakistan’s digital transformation. “This move transforms excess energy into economic innovation, global investment, and sustainable income for Pakistan,” he stated.
With the creation of its first sovereign Bitcoin reserve, Pakistan has signaled a bold step toward embracing digital assets as part of its national economic strategy—an unprecedented initiative in the region.
