Michael Saylor Lands in Pakistan – Is Bitcoin About to Become National Reserve Currency?

MicroStrategy’s Bitcoin evangelist Michael Saylor touches down in Islamabad—fueling speculation that Pakistan might be the next nation to hoard BTC as sovereign treasure.

Why this matters: If true, Pakistan would join El Salvador and the Central African Republic in betting big on decentralized money—while traditional finance scrambles to keep up.

The twist: Saylor’s notorious for converting corporate balance sheets into Bitcoin vaults. Now he might be coaching entire countries.

Between the lines: Desperate economies often leapfrog legacy systems. Mobile money bypassed banks in Kenya. Could BTC bypass the IMF in Pakistan?

Bottom line: When fiat fails, the crypto curious get creative. And Wall Street’s still trying to short the trend.

TLDR

• Michael Saylor met with Pakistan’s finance officials to support the country’s crypto policy direction.
• The discussion focused on integrating Bitcoin into Pakistan’s state reserves and strengthening its digital asset framework.
• Saylor offered to act as an adviser to guide Pakistan in building global trust in its crypto initiatives.
• Pakistan aims to become a leading digital economy in the Global South through a national Bitcoin reserve plan.
• The Pakistan Crypto Council submitted a draft legal framework, which the Finance Ministry agreed to fast-track.

Pakistan has taken a significant step toward strengthening its digital assets policy by securing Michael Saylor’s support for its crypto strategy. The meeting between Saylor and Pakistani finance officials focused on Bitcoin’s use in national reserves and building a global Web3 presence. With this development, the country aims to position itself as a serious player in the evolving digital economy.

Pakistan Welcomes Saylor as Crypto Adviser

Michael Saylor, Executive Chairman of Strategy, met with Pakistan’s Finance Minister Muhammad Aurangzeb and Minister for Crypto Bilal Bin Saqib. During the meeting, they discussed integrating Bitcoin into Pakistan’s state reserve and boosting regulatory clarity. The session also addressed the importance of attracting global investment through strong crypto leadership.

Bitcoin pioneer Michael Saylor met with Finance Minister Muhammad Aurangzeb & Minister of State for Crypto Bilal Bin Saqib to discuss using #Bitcoin for national reserves & digital transformation.
Saylor praised Pakistan’s bold vision:
“Emerging markets like Pakistan have a… pic.twitter.com/wMrKWrX9Wn

— Hamid Raza Wattoo (@hamidwattoo) June 15, 2025

Saylor expressed interest in serving as an adviser to support Pakistan’s digital asset initiatives and regulatory efforts. Strategy, formerly known as MicroStrategy, is the largest public holder of bitcoin globally. According to Bitbo, the company currently holds 582,000 BTC valued at over $61 billion.

Saylor emphasized that intellectual leadership plays a crucial role in building market confidence and capital inflows. He cited Strategy’s success, fueled by market trust, to illustrate Pakistan’s potential path forward. The Finance Ministry described the meeting as a milestone in its broader crypto policy development agenda.

Bitcoin Reserve Gains Momentum

Pakistan has outlined plans to create a Bitcoin reserve as part of its broader crypto policy roadmap. In May, the government established a crypto authority to regulate and oversee digital assets. This authority is tasked with shaping legal frameworks to support digital finance adoption.

Saqib highlighted the importance of national participation in Bitcoin markets and encouraged institutional-level accumulation of digital assets. He noted that if private companies like Strategy can build billion-dollar Bitcoin portfolios, countries can do the same. The Bitcoin reserve plan will attract international attention and drive financial inclusion.

Aurangzeb expressed Pakistan’s intention to lead the Global South in crypto innovation and digital finance development. The initiative seeks to strengthen economic independence and reduce reliance on traditional financial systems. Both ministers agreed that global crypto leaders like Saylor can accelerate Pakistan’s positioning.

Legal Framework Under Development

The Pakistan Crypto Council, launched in March, recently submitted a draft framework to the Finance Ministry for legal review. This framework will regulate all aspects of digital asset transactions, trading, and storage in the country. The ministry has agreed to expedite the framework’s approval process.

Saqib, the council’s CEO, is spearheading the legal and policy overhaul with international advisory support. He also advises World Liberty Financial, a crypto firm linked to U.S. political figures. The council’s involvement is central to ensuring transparency and investor confidence in Pakistan’s crypto market.

The draft framework covers token classifications, licensing procedures, and compliance standards for service providers and exchanges. Regulatory clarity is expected to attract local startups and global firms looking for emerging market opportunities. With this effort, Pakistan is signalling its intent to become a crypto-ready economy with institutional backing.