Bilal Bin Saqib, recognized as Pakistan's crypto czar, announced at the Bitcoin 2025 conference that the country will establish a Bitcoin Reserve and invest its holdings into decentralized finance (DeFi) for yield.

Reflecting the government's serious approach to cryptocurrency initiatives, Saqib's role has evolved to become the special assistant to the Prime Minister on crypto and blockchain.

In a significant move towards enhancing its digital asset capabilities, Pakistan has allocated 2,000 megawatts of surplus electricity specifically for Bitcoin mining.

Saqib believes that these initiatives position Pakistan to lead in digital assets among emerging economies, as highlighted by its ranking in the 2024 Global Crypto Adoption Index.

His commitment to Bitcoin was reinforced by a conversation with Michael Saylor, which sparked important discussions regarding the country's crypto strategy.

Following the conference, Saqib invited Saylor to Pakistan and subsequently met with him and the Finance Minister, Muhammad Aurangzeb, to discuss Saylor's advisory role in establishing the Strategic Bitcoin Reserve.

Additionally, Pakistan plans to utilize Bitcoin seized from criminal activities for its strategic reserve, ensuring that it is managed cautiously to minimize risks.

Saqib also emphasizes the importance of engaging the youth in crypto advocacy, encouraging them to influence politicians who may be hesitant to adopt new technologies.