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.