Michael Saylor Backs Pakistan's Bitcoin Reserve Plan

Michael Saylor, the executive chairman of Strategy, recently engaged in a significant meeting with Pakistan’s Finance Minister Muhammad Aurangzeb and Minister of Blockchain and Crypto Affairs Bilal Bin Saqib. During this discussion, Saylor expressed his openness to serving as an advisor for Pakistan’s national crypto strategy. The conversation revolved around the potential inclusion of Bitcoin in the country’s reserves and the development of a robust policy framework for digital assets. This interaction underscores Pakistan’s growing interest in cryptocurrency, bolstered by the support of one of the industry’s most prominent advocates.

Saylor’s endorsement of Pakistan’s plans to integrate cryptocurrency into its financial system comes at a pivotal moment as the country accelerates its efforts to become a leader in digital assets within the Global South. Saylor, known for his influential role in the Bitcoin community, met with top Pakistani officials to explore how Bitcoin could be utilized in sovereign reserves and monetary policy. The discussions were described as a "landmark" event, highlighting Pakistan's commitment to leveraging digital assets for national resilience and economic growth. Aurangzeb, who also chairs the Pakistan Crypto Council, emphasized the country's aspiration to set a benchmark for innovation, regulation, and inclusive growth in the digital economy. Saylor praised Pakistan's clarity and commitment, noting that the country has the intellectual leadership needed to play a key role in global crypto adoption. He also expressed his willingness to advise Pakistan on its evolving crypto strategy, calling Bitcoin "the strongest asset for long-term national resilience."

Pakistan’s recent initiatives towards embracing cryptocurrency include the establishment of the Pakistan Crypto Council in March, the introduction of the country's first national crypto policy in April, and the creation of the Pakistan Virtual Assets Regulatory Authority. Additionally, the government announced a state-backed strategic Bitcoin reserve at the Bitcoin 2025 conference in Las Vegas. These steps underscore Pakistan's determination to create a legal framework for digital assets and align with international standards set by the Financial Action Task Force.

Saylor’s support for Pakistan’s crypto vision is part of a broader trend of global interest in the country’s digital asset plans. Other high-profile figures, including Binance founder Changpeng Zhao and allies of former U.S. President Donald Trump, have also shown interest in Pakistan's digital asset plans. Zhao was appointed a strategic advisor to the Pakistan Crypto Council in April, while Gentry Beach Jr., a close ally of Trump, visited Islamabad as part of a U.S. delegation helping shape the council's structure. Zachary Witkoff, son of Trump associate and Middle East envoy Steve Witkoff, signed a deal in April between his firm, World Liberty Financial, and the PCC to embed blockchain technology into Pakistan's financial systems.

The involvement of these influential figures signals global credibility and support for Pakistan's crypto ambitions. Saylor's backing, in particular, is significant given his role as the head of the world's largest corporate holder of Bitcoin. His endorsement of Pakistan's forward-looking approach and commitment to innovation in the global digital economy further validates the country's efforts to integrate cryptocurrency into its financial strategy. As Pakistan continues to develop its digital asset plans, the support from Saylor and other key figures will be crucial in shaping its future as a leader in the digital economy.