Key Takeaways
- Pakistan joined the exclusive Bitcoin reserve club with the creation of the national Bitcoin stockpile.
- Bilal Bin Saqib announced during the Bitcoin Conference.
- Pakistan recently allocated 2000 megawatt surplus electricity for Bitcoin mining.
In a landmark announcement at Bitcoin 2025, Pakistan revealed it is establishing a national BTC reserve, becoming the first country in South Asia to do so.
Bilal Bin Saqib, Special Assistant to the Prime Minister (SAPM) on Blockchain and Crypto and CEO of the Pakistan Crypto Council (PCC), unveiled the move, describing the reserve as a turning point not just for crypto policy, but for national identity.
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Pakistan Joins Exclusive Bitcoin Reserve Club
“This marks more than a policy shift; it is a national rebranding,” said Saqib. “I represent a generation that is online, on-chain, and unstoppable.”
Saqib also proposed a national Bitcoin wallet to custody the government’s holdings, stressing that these assets will serve as long-term sovereign reserves, not for speculation or liquidation.
According to Saqib, Pakistan is already home to over 40 million cryptocurrency wallets and ranks among the world’s largest freelancer economies, an ecosystem that could benefit from decentralized finance adoption.
From Crypto Ban to Bitcoin Mining Boom
The announcement marks a sharp reversal in Pakistan’s policy, which had previously imposed a blanket ban on crypto activity. The shift came after a change in government, which brought with it pro-crypto reforms.
The government first established the PCC, working to craft regulatory frameworks and attract foreign investment, including collaborations with industry figures like former Binance CEO Changpeng Zhao.
Earlier this week, Pakistan went a step further by legalizing Bitcoin mining and allocating 2,000 megawatts of excess electricity to state-run mining operations.
Within days, the country followed up with the announcement of its Bitcoin reserve strategy.
While countries like Japan, Russia, and South Korea have debated the idea of national Bitcoin treasuries, few have acted.
Pakistan now joins a small but growing group of nations, following the lead of the United States, where President Donald Trump recently formalized a federal Bitcoin reserve built on confiscated digital assets.
Pakistan’s move signals a willingness to embrace Bitcoin not just as an asset, but as a strategic financial instrument woven into its national infrastructure.
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