Michael Saylor, co-founder of Strategy (formerly MicroStrategy), has expressed support for the Pakistani government’s plans to establish a state Bitcoin reserve and stated his willingness to join the initiative as an advisor on cryptocurrency reserves.
This is reported by Бізнес • Медіа
Pakistan Aims to Become a Leader in the Cryptocurrency Market of the Global South
During a meeting with Pakistan’s Finance Minister Muhammad Aurangzeb and the head of the Pakistan Cryptocurrency Council Bilal bin Saqib, the prospects for integrating Bitcoin into the country’s state reserves and the development of digital assets were discussed. Saylor emphasized that Pakistan possesses the necessary resources and human capital to implement such a strategy.
“Pakistan has many brilliant people, and you do business with the world. You have the most important things — will, clear vision, and leadership, and that inspires trust,” Saylor said.
In May 2025, Bilal bin Saqib announced the government’s intention to create a strategic crypto reserve based on Bitcoin, which aims to strengthen the country’s position as an innovative player among Global South countries in the field of digital finance.
Reforms, Legalization, and International Cooperation
According to Finance Minister Aurangzeb, Pakistan is considering becoming a center for the development of digital assets among developing countries. Bilal bin Saqib emphasized that the country already has all the necessary prerequisites for this, including talented professionals, energy, and relevant experience. He stated:
“If private individuals can create something similar in the U.S., why can’t Pakistan as a state do the same? We have the talent, history, and energy.”
Michael Saylor, regarded as one of the most influential figures in institutional Bitcoin adoption, highlighted his desire to collaborate with the Pakistani government on implementing a new financial strategy. It is worth noting that Strategy holds the largest corporate Bitcoin portfolio in the world — over 582,000 BTC.
In March 2025, an initiative also emerged in Pakistan to legalize cryptocurrencies to attract foreign investment. At that time, there were nearly 20 million cryptocurrency users in the country. In June, the Pakistan Cryptocurrency Council, established with government support, presented a draft legal framework for regulating the cryptocurrency market, which the Ministry of Finance plans to implement on an expedited basis.
Bilal bin Saqib, who leads the Pakistan Cryptocurrency Council, is also an advisor to the World Liberty Financial platform, which has ties to the family of former U.S. President Donald Trump.
Previously, council representatives reported on negotiations with Bitcoin miners regarding the use of excess electricity for cryptocurrency mining and the development of artificial intelligence centers. Subsequently, the government allocated 2000 MW of electricity for these purposes.
In April 2025, former Binance CEO Changpeng Zhao also joined the Pakistan Cryptocurrency Council as an advisor on crypto assets, strengthening expert support for the industry’s development in the country.