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Pakistan To Launch Strategic Bitcoin Reserve Amid Global Race For Digital Gold

  • Pakistan plans to launch a strategic Bitcoin reserve, following the trend of nation-states embracing pro-crypto policies.
  • The move is inspired by the US, where President Trump signed an executive order for a US strategic Bitcoin reserve, comprised of BTC from forfeitures.
  • Pakistan's government will hold its Bitcoin reserve and not sell them, allocating 2,000 megawatts of excess electricity for Bitcoin mining and AI data centers.
  • This marks a significant shift from Pakistan's previous stance on cryptocurrencies, moving from contemplating a ban to welcoming miners and building infrastructure for digital assets.

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