Pakistan Seeks Bitcoin Strategy Advice from MicroStrategy Co-Founder Michael Saylor

Michael Saylor, the co-founder of MicroStrategy, has expressed his willingness to advise Pakistan on its Bitcoin reserve strategy following a high-level meeting with the country’s finance leaders. The meeting, held in Islamabad, involved discussions with Finance Minister Muhammad Aurangzeb and State Minister for Blockchain and Crypto Bilal Bin Saqib. The focus was on Pakistan’s emerging digital asset framework and its plan to integrate Bitcoin into its sovereign reserve strategy.

Saylor, whose company holds the largest corporate Bitcoin treasury, emphasized the potential of Bitcoin to support national resilience and long-term economic transformation. He highlighted Pakistan’s intellectual talent and stressed that clear leadership and vision would attract capital to the country. The Finance Ministry shared a video of the meeting, where Saylor stated that global recognition of a nation’s leadership in Bitcoin could lead to significant financial support.

Saqib’s office described the meeting as a milestone in Pakistan’s efforts to build a robust digital assets policy framework and position itself as a Web3 and Bitcoin-ready emerging market. Saqib believes that Pakistan can adopt a similar model to Saylor’s, transforming the nation through strategic conviction in Bitcoin. This comes weeks after Pakistan confirmed plans to create a national Bitcoin reserve and established the Pakistan Digital Assets Authority.

Pakistan also plans to allocate 2,000 megawatts of surplus electricity for Bitcoin mining and AI data centers, aiming to monetize stranded energy assets and attract foreign capital. This move is part of a broader effort to modernize the power and technology sectors. The Pakistan Crypto Council, launched in March, has been central to these developments, with Saqib serving as both the CEO of the council and a state minister. In June, the council presented a draft legal framework for crypto regulation, which the Finance Ministry agreed to fast-track.

Pakistan has previously sought guidance from other global crypto figures, including Changpeng Zhao, who came on board as a strategic adviser to help shape its blockchain infrastructure and regulatory landscape. Saylor’s involvement is seen as a significant boost for Pakistan’s 40 million crypto users, who are hopeful about the country’s digital currency ambitions. Despite facing substantial economic challenges, Pakistan is determined to leverage digital currencies to bolster its economy.

Saylor’s expertise and advice could provide valuable insights into how digital currencies can be integrated into Pakistan’s economic strategy. His advocacy for Bitcoin could help Pakistan explore new avenues for economic growth. Saylor’s participation in these discussions underscores the growing interest in digital currencies as a potential solution to economic challenges, and his offer to advise on Bitcoin strategy could be a game-changer for Pakistan’s ambitions to become a global crypto leader.