BlockBeats News, May 29th, according to Decrypt, Bilal Bin Saqib, Special Assistant to the Prime Minister of Pakistan and Advisor on Blockchain and Cryptocurrency Affairs, announced at the "Bitcoin 2025" conference that Pakistan is establishing a national strategic Bitcoin reserve and stated, "We will hold these bitcoins and never sell them."
Bin Saqib mentioned that this plan was inspired by the United States' establishment of a Bitcoin reserve, and he added that the Pakistani government also announced this week that it will allocate the remaining 2000 megawatts of power to Bitcoin mining and AI data centers to promote revenue generation, employment, and attract foreign investment. Bin Saqib is also an advisor to the Trump crypto project World Liberty Financial.
