Pakistan has enlisted the backing of another major figure in the crypto world, with Strategy’s executive chairman Michael Saylor engaging directly with top government officials to discuss the country’s digital asset direction.
On Sunday, Saylor met with Pakistan’s Finance Minister Muhammad Aurangzeb and State Minister for Blockchain and Crypto, Bilal Bin Saqib. According to local outlet Dawn, discussions included the use of Bitcoin as part of Pakistan’s state reserves and the broader vision for digital asset integration. Saylor reportedly expressed willingness to act as an advisor to the country.
In a video shared on X by a government official, Saylor praised the country’s human capital, saying, “Pakistan is full of talented individuals and has significant global business connections.” He pointed to his own company as an example of how a nation can demonstrate “intellectual leadership” through Bitcoin.
Strategy—formerly MicroStrategy—currently holds the largest amount of Bitcoin among publicly traded companies, owning 582,000 BTC worth over $61 billion, per data from Bitbo. The firm has raised billions via debt and equity offerings to expand its Bitcoin holdings. Its stock has surged more than 3,000% since it began acquiring BTC in 2020.
Saylor Says Market Will Rally Behind Pakistan’s Crypto Push
Pakistan is becoming increasingly open to digital assets. In May, the country established a dedicated crypto regulatory body. Minister Saqib has also announced plans to develop a national Bitcoin reserve.
Saylor told the ministers that the financial markets trusted his firm with billions because of the leadership it demonstrated, emphasizing that “trust and clarity” are vital.
“If the global market sees you as credible and hears your message clearly, capital will find its way to Pakistan,” Saylor explained. “The world wants to invest — it’s just looking for a home.”
He continued, “Once the market identifies a leader in a specific sector, it backs them — with resources and momentum. I believe Pakistan is on that path.”
“You have vision, determination, and focus,” Saylor added. “I’m excited to collaborate with you moving forward.”
Pakistan Aims for Crypto Leadership in the Global South
According to a statement from Saqib’s office, the meeting with Saylor represents a key step in crafting Pakistan’s digital asset framework and positioning the nation as a top contender in the Web3 and Bitcoin economy.
Finance Minister Aurangzeb shared that Pakistan’s goal is to take a leading role among developing nations when it comes to digital finance and blockchain adoption.
Saqib noted that Saylor’s transformation of Strategy into a Bitcoin-focused enterprise is a model Pakistan could follow.
“If individuals in the U.S. can achieve this, there’s no reason Pakistan can’t as a country,” he said. “We have the brainpower, the narrative, and the drive.”
Legal Framework for Crypto Underway
On June 6, the Pakistan Crypto Council—formed in March with Saqib as CEO—submitted a proposed regulatory structure for the crypto sector. The Finance Ministry agreed to expedite its review.
The council, backed by the government, is taking a lead role in shaping the future of digital assets in the country. Saqib also serves as an advisor to World Liberty Financial, a crypto firm with connections to the Trump family.
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