Pakistan Launches Strategic Bitcoin Reserve, Marking a New Era in Digital Economy
In a landmark development that positions Pakistan prominently within the global digital economy, Bilal Bin Saqib, Special Assistant to the Prime Minister on Blockchain and Crypto and CEO of the Pakistan Crypto Council (PCC), announced the launch of the country’s first government-backed strategic Bitcoin reserve.
Revealed at Bitcoin Vegas 2025, Bilal addressed an audience including prominent figures such as U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr., underscoring the significance of this initiative. A statement from the Office of the Special Assistant to the Prime Minister highlighted the event on Thursday.
“This wasn’t just a policy moment — it was a rebranding of a nation,” Bilal stated. “I’m not just here as a minister; I’m here as the voice of a generation — a generation that is online, on-chain, and unstoppable.”
Pakistan currently hosts over 40 million crypto wallets and boasts one of the world’s largest and most active freelancer economies, underscoring its growing stake in digital finance.
Bilal further announced the creation of a national Bitcoin wallet, which will hold digital assets already in government custody. He clarified that these assets are “not for sale or speculation, but as a sovereign reserve signalling long-term belief in decentralised finance.”
Highlighting Pakistan’s energy resources, he revealed that the government has allocated 2,000 megawatts (MW) of surplus electricity in the first phase for Bitcoin mining and artificial intelligence (AI) data centres. This move aims to attract sovereign miners, technology companies, and clean energy partners globally.
Given the substantial power requirements of Bitcoin mining and AI operations, Pakistan’s surplus electricity, especially from underutilised plants, is being repurposed to create new economic opportunities.
In addition, the government recently established the Pakistan Digital Assets Authority (PDAA) to regulate blockchain-based financial infrastructure, according to a Ministry of Finance statement.
Bilal emphasized the resilience and potential behind Pakistan’s blockchain ambitions: “Both Pakistan and Bitcoin have suffered from bad PR. But if you look past the headlines, you’ll see something else: talent, resilience, and vision.”
He extended an invitation to global innovators: “If you’re building something real — come build it in Pakistan. Come build wallets for the unbanked. Come tokenise land. Come scale your mission with our youth and our unstoppable grit.”
Bilal also expressed gratitude towards former U.S. President Donald Trump for his efforts as a “peacemaker in the recent India-Pakistan conflict and for his commitment to crypto adoption.”
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