Bilal for establishing first strategic Bitcoin reserve

Minister for Crypto and Blockchain, Bilal Bin Saqib, has announced the establishment of the country’s first Strategic Bitcoin Reserve, marking a significant step toward positioning the nation as a global hub for digital innovation.

At Bitcoin Vegas 2025, Bilal emphasized that Pakistan was breaking free from the constraints of its past and emerging as a forward-looking center for digital innovation. He highlighted the nation’s transformation, driven by its dynamic youth, shaped by the challenges of necessity, and led by a new generation of tech-savvy statesmen. This shift, he noted, was positioning Pakistan as a key player in the global digital economy.

I am not just here as a minister, I am here as the voice of a generation, a generation that is online, on-chain and unstoppable, he added.

Bilal also announced the establishment of a national Bitcoin wallet, holding digital assets already in state custody,  not for sale or speculation, but as a sovereign reserve signaling long-term belief in decentralized finance.

He also thanked President Donald Trump for his role as a peacemaker in the recent India-Pakistan conflict and for his commitment to crypto adoption.

He further said that the government has allocated 2,000 megawatts of surplus electricity in Phase 1 for Bitcoin mining and AI data centers, opening doors to sovereign miners, tech firms and clean energy partners around the world.

To harness this momentum, Bilal was also leading the creation of the Pakistan Digital Assets Authority (PDAA), a regulatory body designed to empower builders, protect investors and formalize digital finance frameworks for the future.

He delivered a blueprint for the future of emerging markets in Web3, one that positions Pakistan as a tech-forward, youth-powered and opportunity-rich nation ready to lead.