Pakistan establishes national reserves of Bitcoin! Simultaneously allocates 2000 megawatts for crypto mining?

Against the backdrop of the global cryptocurrency wave, Pakistan is striding towards a new era of digital assets with astonishing determination and strength. At the Bitcoin 2025 conference in Las Vegas, USA, on May 28, 2025, Pakistan’s Minister of State for Blockchain and Cryptocurrency, Bilal Bin Saqib, made a shocking announcement: the Pakistani government plans to establish a national-level “Bitcoin Strategic Reserve” and has allocated up to 2,000 megawatts (MW) of electricity resources. Specifically designed to support the development of Bitcoin mining and artificial intelligence (AI) data centers. This series of initiatives not only marks Pakistan’s recognition of the value of Bitcoin at the national level, but also demonstrates its ambitious vision to use cryptocurrencies and blockchain technology to promote national development and financial inclusion. Bitcoin national team

Minister Saqib has made it clear in his speech that Pakistan’s initiative to establish a Bitcoin strategic reserve is inspired by a similar preliminary plan within the Trump administration in the United States. It is reported that the U.S. strategy involves using Bitcoin obtained from criminal and civil forfeiture actions to fill its reserves, with an estimated quantity of about 200,000 BTC. Similar to the strategy of the United States, Pakistan has also emphasized its commitment to the long-term holding of its national Bitcoin reserves. Minister Sakib solemnly declared: “This wallet, the national Bitcoin wallet, is not for speculation or hype. We will hold these Bitcoins and will never sell them.” This firm “HODL” attitude highlights Pakistan’s profound belief in the lasting value of Bitcoin and its potential as an important national asset. In addition, Minister Saqib also revealed that the Pakistani government is closely monitoring the progress of the United States in stablecoin legislation, particularly the “Guidance and Establishment of the American Stablecoin Innovation Act” (GENIUS Act), and stated that they are following the relevant developments very carefully. This also suggests that Pakistan may refer to and draw on international advanced experiences and regulatory frameworks when formulating its own cryptocurrency policy.

In addition to establishing a strategic reserve of Bitcoin, the Pakistani government has also taken substantial measures to nurture the domestic Bitcoin mining industry. Minister Sakib announced that the government has specifically allocated 2000 megawatts of electricity to support Bitcoin mining operations and the construction and operation of artificial intelligence data centers. This massive energy distribution plan is undoubtedly a clear invitation to participants in the global Crypto Assets Mining and infrastructure industry. Minister Sakib enthusiastically stated: “We welcome all miners to come to Pakistan, and we welcome all infrastructure participants to come to Pakistan to build together with us.” This open stance aims to attract international investment and expertise to accelerate the development of Pakistan’s digital infrastructure. Against the backdrop of increasingly fierce competition in global Bitcoin mining hash power, Pakistan’s move is of significant strategic importance. Sufficient and possibly relatively inexpensive energy supply is one of the core elements to attract large-scale mining operations. By providing dedicated power support, Pakistan is expected to become an emerging key node on the global Bitcoin mining map. Minister Saqib emphasized that establishing a Bitcoin strategic reserve and supporting the mining industry are merely preliminary measures for Pakistan to more broadly embrace the crypto assets industry. Behind this is a grand vision of using digital assets and blockchain technology to address deep-seated socio-economic issues in the country, particularly for its large unbanked population. He explained, “We have over 100 million unbanked people. They lack the tools for saving and investing, and we want to change that. We hope they can break out of their economic class.” Minister Sakib firmly believes, “Crypto assets and Blockchain technology can help us achieve this huge leap.” Pakistan’s long-term planning also includes tokenizing illiquid national assets and implementing a digital identity system, among other initiatives. These measures aim to enhance the liquidity and value of national assets while providing citizens with more convenient and secure digital services. Minister Sakib concluded by stating, “Therefore, Pakistan is looking for allies. Pakistan is seeking opportunities because Pakistan wishes to build.” This statement emphasizes Pakistan’s open attitude towards seeking international cooperation and joint development in the process of promoting the development of Crypto Assets and Blockchain technology. The response from the United States

It is worth noting that just as Pakistan announced its grand Bitcoin strategy, the understanding of the strategic value of Bitcoin is also deepening in the U.S. political sphere. U.S. Vice President J.D. Vance also delivered a keynote speech at the “Bitcoin 2025 Conference.” He emphasized the strategic role of Bitcoin in U.S. national policy and urged the crypto assets community to maintain political engagement, or else face the risk of being overlooked. Vance pointed out: “Unless you engage in politics, the political landscape will overlook this industry. What happens in the bureaucracy will impact even the most valuable technologies.” He praised the growing activism of the crypto community for its influence on national direction and encouraged attendees to carry it forward into 2026 and beyond. Vance specifically mentioned the government-supported “Bitcoin Reserve” initiated under President Trump, stating, “About 50 million Americans own Bitcoin, and we hope to start promoting the strategic importance of Bitcoin to the U.S. government.” He also cited China’s crackdown on Bitcoin as an example, suggesting that the U.S. should take the opposite approach: “If China is moving away from Bitcoin, then perhaps the U.S. should embrace Bitcoin.” He believes that in the next decade, Bitcoin will become a strategically important asset for the U.S. National-level adoption of the wave Pakistan has boldly announced the establishment of a national Bitcoin reserve and strongly supports the mining industry, making it another important case of a sovereign nation incorporating Bitcoin into its national strategy after countries like El Salvador. This move, combined with the increasing attention from the U.S. political sphere on the strategic value of Bitcoin, seems to indicate that a wave of national-level Bitcoin adoption may be brewing. For Pakistan, embracing Bitcoin and blockchain technology is not only about seeking a place in the global digital economy but also about hoping to address practical issues such as financial inclusiveness and asset liquidity domestically. Its large-scale electricity subsidies could also make it a new competitor in the global Bitcoin mining industry. From a more macro perspective, as more and more countries begin to recognize the strategic value of Bitcoin, the geopolitical attributes of Bitcoin will also be increasingly enhanced. It is no longer merely a speculative financial asset, but may become a tool for countries to engage in competition in finance, technology, and even energy sectors. The future development and impact of this Bitcoin race involving sovereign nations deserves continuous high attention from the global market. #Bitcoin 2025 Conference