Pakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000 Megawatts of Energy for Crypto Mining
LAS VEGAS, Nevada — The government of Pakistan has plans to establish a strategic bitcoin
reserve and support bitcoin mining, the country’s Minister of State for Blockchain and Crypto Bilal Bin Saqib announced at Bitcoin 2025 in Las Vegas on Wednesday.
Bin Saqib said that Pakistan’s plans for a strategic bitcoin reserve were inspired by U.S. President Donald Trump’s administration’s own nascent plan for a strategic bitcoin reserve in the U.S., which will — at least at first — be filled with the U.S. government’s holdings from criminal and civil forfeitures, estimated to sit at around 200,000 bitcoins. He also said that the government of Pakistan was following the U.S.’s push for stablecoin legislation, the GENIUS Act,…
