Las Vegas, Nevada – The Pakistan government has plans to establish a strategic bitcoin
Reserve and support Bitcoin Mining, the country’s state minister for blockchain and Billal Crypto Bin Saqib announced in Bitcoin 2025 in Las Vegas on Wednesday.
Bin Saqib said that Pakistan’s plans for a strategic Bitcoin reserve were inspired by the nascent plan of the president of the United States, Donald Trump, for a strategic bitcoins reserve in the United States, which at least at least at the beginning, will be filled with holdings of the United States government of criminal and civil losses, estimated to sit in around 200,000 bitcoins. He also said that the Pakistan government was following the impulse of the United States for Stablecoin’s legislation, the genius law, “very careful.”
Like the bitcoins destined to the strategic reserve of the United States, Bin Saquib said that the Pakistani government would not sell its bitcoins.
“This wallet, Bitcoin’s national wallet, is not for speculation or exaggerations. We will hold these bitcoins and we will never sell them,” said Bin Saqib.
In addition to establishing a strategic reserve, Bin Saqiib announced that the Pakistan government has allocated 2,000 megawatts of electricity for Bitcoin mining and AI data centers. “We want to welcome all miners to come to Pakistan, all infrastructure actors who come to Pakistan and build with the United States,” said Bin Saqib.
Bin Saqib said that the establishment of a Bitcoin strategic reserve in Pakistan would be “only the beginning” of the acceptance of the country of the cryptographic industry.
“We have more than 100 million not banking people. They lack tools to save, for investment, and we want to change that. We want them to break their economic classes. And I really think Crypto and Blockchain can help us to make that quantum leap,” said Bin Saqib. “We want to Tokenize our Illicid Assets. We want to make digital identifications … so that Pakistan is looking for allies. Pakistan is looking for access, because Pakistan wants to build.”
