On May 28, 2025, at the Bitcoin 2025 conference in Las Vegas, Pakistan announced the creation of a strategic bitcoin reserve, a major step in the development of a national cryptocurrency policy. Bilal Bin Saqib, Special Assistant to the Prime Minister on Blockchain and Cryptocurrencies, said that the country is allocating 2,000 MW of surplus #electricity to support bitcoin mining and data centers for artificial intelligence. The move is aimed at attracting global miners and #Web3 companies seeking low energy costs and regulatory clarity.
The initiative is inspired by a similar program in the US, where the Trump administration has also launched a strategic bitcoin reserve. With more than 40 million #cryptocurrency wallets, Pakistan is looking to monetize excess electricity by creating jobs and attracting foreign investment.
Saqib said this is just the first step in the widespread adoption of the crypto industry, which will strengthen the country's economic resilience and position it as a leader in the region's digital economy.
Analysts say Pakistan's decision could be a watershed moment for the region, where cryptocurrencies have long faced regulatory uncertainty. Supporting mining and creating a bitcoin reserve is seen as a geopolitical hedge against global inflation and devaluation of fiat currencies.
These measures are expected to not only attract international investors but also spur innovation in Pakistan's financial sector.
