Pakistan’s Bold Move: Allocating 2,000 MW Surplus Electricity to Bitcoin Mining and AI Centers
Pakistan is making a strategic push into digital infrastructure by allocating 2,000 megawatts of surplus electricity to power Bitcoin mining and AI data centers. This initiative, led by the government-backed Pakistan Crypto Council, aims to attract tech investment and utilize excess energy productively. The move underscores Islamabad’s commitment to fostering technology-driven industries as part of a broader digital transformation strategy. With Bitcoin’s current price at 109,923.25 USDT, this development could have significant implications for the cryptocurrency market and Pakistan’s tech ecosystem.
Pakistan Allocates 2,000 MW Surplus Electricity to Bitcoin Mining and AI Centers
Pakistan is making a strategic push into digital infrastructure by allocating 2,000 megawatts of surplus electricity to power Bitcoin mining and AI data centers. The initiative, led by the government-backed Pakistan Crypto Council, aims to attract tech investment and put excess energy to productive use.
The move signals Islamabad’s commitment to fostering technology-driven industries as part of a broader digital transformation. By dedicating significant power resources to cryptocurrency mining operations, Pakistan positions itself as a potential hub for blockchain infrastructure in the region.
This energy allocation comes at a time when global bitcoin miners are seeking low-cost power sources. Pakistan’s surplus electricity could provide a competitive advantage for mining operations looking to establish footholds in emerging markets.
Rich Dad Poor Dad Author Advocates Bitcoin as Path to Wealth Amid Market Volatility
Robert Kiyosaki, author of the best-selling personal finance book ’Rich Dad Poor Dad,’ has reiterated his bullish stance on Bitcoin, calling its current price levels a historic wealth-building opportunity. ’Why everyone is not buying and holding Bitcoin is beyond me,’ Kiyosaki tweeted, predicting that even fractional holdings will become ’priceless’ within two years.
Bitcoin showed resilience over the weekend, recovering to $109,600 after a brief dip caused by geopolitical tensions. The rebound followed former President Trump’s reversal of threatened EU tariffs that had initially rattled markets. Analysts remain cautiously optimistic, with B2 Ventures’ Arthur Azizov projecting a potential climb to $130,000 by year-end or early 2025.
Swedish Health Tech Firm H100 Expands Bitcoin Treasury with $2.2M Raise Led by Blockstream CEO
H100 Group AB, a Stockholm-based health technology company, has secured $2.2 million through 0% interest convertible loans to bolster its Bitcoin holdings. The funding round was spearheaded by Blockstream CEO Adam Back, who contributed $1.4 million, with additional investments from Morten Klein, Alundo Invest AS, and others.
The capital will be allocated exclusively to Bitcoin purchases, reflecting H100’s strategic shift toward digital asset treasury management. The convertible notes mature in June 2028 and carry an equity conversion option, though specific terms remain undisclosed.
Bitcoin Price Prediction This Week
Bitcoin continues to dominate the crypto market as bullish sentiment strengthens. The global cryptocurrency market capitalization rose 1.23% to $3.44 trillion, with trading volume hitting $102.33 billion in the past 24 hours. The Fear & Greed Index reflects growing optimism, registering a score of 69—firmly in greed territory.
BTC price surged 6.56% over the past week, currently trading at $109,549.62. Market capitalization stands at $2.17 trillion, with daily volume reaching $47.14 billion. The coin has maintained a tight range between $106,683.37 and $109,854.53, with bulls controlling momentum. Analysts eye $113k as the next key resistance level.
Bitcoin’s dominance climbed to 63.3%, underscoring its outsized influence on market dynamics. Institutional interest appears to be driving the latest rally, though the article cuts off before detailing specific catalysts.
Bitcoin Shakes Off Dip - Why Scarcity Could Propel Bitcoin to New Highs
Bitcoin’s rebound following a weekend correction underscores its resilience amid market volatility. Institutional strategies continue to favor aggressive accumulation, with ETF inflows remaining robust despite retreating from recent peaks.
The asset’s scarcity narrative is gaining renewed traction as a fundamental driver for potential upside. Market structure suggests sustained demand is absorbing sell-side pressure, creating a foundation for higher price discovery.
