Pakistan Establishes National Bitcoin Reserve, Allocates 2000 Megawatts for Mining

Pakistan is taking a significant step towards embracing cryptocurrency by establishing a national-level Bitcoin Strategic Reserve. Bilal Bin Saqib, Special Assistant to the Prime Minister of Pakistan and Advisor on Blockchain and Cryptocurrency Affairs, announced this initiative at the "Bitcoin 2025" conference. Saqib emphasized that the government plans to hold these bitcoins indefinitely, stating, "We will hold these bitcoins and never sell them."

This move is inspired by the United States' establishment of a Bitcoin reserve. The Pakistani government has also announced plans to allocate the remaining 2000 megawatts of power to Bitcoin mining and AI data centers. This allocation aims to promote revenue generation, employment, and attract foreign investment. The initiative underscores Pakistan's commitment to leveraging blockchain technology and cryptocurrency to drive economic growth and innovation.

Saqib's announcement highlights the strategic importance of Bitcoin in Pakistan's economic plans. By holding a strategic reserve of Bitcoin, the government aims to secure a stable and valuable asset that can be used for various economic purposes. This decision reflects a growing trend among nations to recognize the potential of cryptocurrencies as a means of diversifying their financial reserves and fostering technological advancement.

The allocation of power to Bitcoin mining and AI data centers is a forward-thinking move that aligns with global trends in renewable energy and technological innovation. By providing a dedicated power supply, Pakistan aims to create a conducive environment for Bitcoin mining operations, which can generate significant revenue and create job opportunities. This initiative also positions Pakistan as an attractive destination for foreign investment in the cryptocurrency and AI sectors.

Saqib's role as an advisor to the Trump crypto project World Liberty Financial adds an interesting dimension to Pakistan's cryptocurrency strategy. His involvement suggests a potential collaboration or influence from international cryptocurrency projects, which could further enhance Pakistan's capabilities in this emerging field. This strategic partnership could provide Pakistan with access to advanced technologies, expertise, and global networks, thereby accelerating its progress in the cryptocurrency space.

Overall, Pakistan's establishment of a national-level Bitcoin Strategic Reserve and its commitment to supporting Bitcoin mining and AI data centers demonstrate a proactive approach to leveraging cryptocurrency for economic development. This initiative not only positions Pakistan as a leader in the cryptocurrency space but also sets a precedent for other nations considering similar strategies. As the global landscape of cryptocurrency continues to evolve, Pakistan's bold move could pave the way for innovative economic policies and technological advancements.