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Pakistan Bets Big on Bitcoin: 2,000MW and a National Crypto Reserve
Pakistan Bets Big on Bitcoin: 2,000MW and a National Crypto Reserve
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In a move that’ll make goldbugs twitch, Pakistan just allocated enough energy to power a small city—2,000 megawatts—exclusively for Bitcoin mining. Oh, and they’re building a national strategic reserve. Because when your currency’s in freefall, why not hedge with the internet’s favorite volatile asset?
The energy play could position Pakistan as a mining hub—if they don’t black out the grid first. Meanwhile, Wall Street’s still trying to explain to clients why their ‘low-risk’ bond funds are underperforming a meme coin.
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