You’ll Never Guess Why Michael Saylor Just Made Bitcoin a Big Deal in Pakistan 🚀

by
  • Michael Saylor advises Pakistan on Bitcoin reserve strategy. 📈
  • Pakistan aims to lead the Global South in crypto adoption. 🏆
  • Government fast-tracks crypto regulation framework. 🕶️

Michael Saylor, executive chairman of Strategy and unofficial “Bitcoin coach for the world,” has teamed up with Pakistan’s leadership to sprinkle a little Satoshi dust on their national reserve strategy. He spent some quality Zoom time with Finance Minister Muhammad Aurangzeb and Minister of Crypto and Blockchain Bilal Bin Saqib on June 15, likely swapping blockchain memes and financial advice. Because in 2024, nothing says international collaboration like a pixelated face and a wifi drop.

Saylor’s excitement for Pakistan’s digital ambitions was so palpable it probably fried his webcam. According to him, Pakistan’s got both the “talent” and the “vision” to top the crypto charts—because nothing boosts confidence like being gassed up by a guy who made his company the biggest corporate Bitcoin holder on Earth (and possibly off of it, too, if Elon Musk ever installs cold wallets on Mars). They mapped out the game plan: Build a Strategic Bitcoin Reserve. Try not to lose the password. Grow financial muscles.

Pakistan wants to be the Web3 hub of the international party. That’s where the newly formed Pakistan Crypto Council bursts onto the dancefloor with policy blueprints in one hand and blockchain dreams in the other. (And yes, it was probably formed on a Google Meet, just like your book club.)

Just a few years ago, talking about crypto in Pakistan was riskier than trying to teach your grandmother to use a hardware wallet. Fast forward: Michael Saylor—whose Bitcoin pile rivals the GDP of some small nations—has arrived. 582,000 BTC, $62 billion, and enough bragging rights to fill a stadium.

South Asian leadership in digital assets. He basically declared, “We want to be the cool class president of innovation and regulation.” (Eat your heart out, Singapore.) Notably, on June 6, the government put its legal framework for crypto into turbo mode—a decision that surely made some traditional bankers break out in hives.

Minister Saqib fangirled over Saylor’s record, which he says catapulted a software company to a $100 billion valuation. Fun fact: Strategy’s stock is up 3000% since 2020. The only other thing in Pakistan growing that fast? The number of people who claim to “get” NFTs.

Who’s fueling this push? Pakistan’s techie youth and a whopping 40 million crypto wallet users. With numbers like that, you’d think half the country is just sitting around waiting for the next Bitcoin dip. The idea: attract those sweet, sweet international investors with a hot new digital economy. Get your wallets ready, world!

Saylor, now official advisor, was all about leadership and trust—though let’s be honest, what really matters is not texting your seed phrase to your ex. The grand plan: attract capital by showing off some clear-eyed vision and fewer policy U-turns than a lost Uber driver.

Crypto operations are getting their own handler—the all-new Pakistan Digital Assets Authority. It’s fresh out the oven, following in the footsteps of countries like El Salvador that already made Bitcoin legal tender (and presumably got matching Bitcoin tattoos).

Even the military is jumping on the blockchain bandwagon. The army chief, on his U.S. tour, managed to squeeze in some crypto and strategic minerals talk. In other words, it’s not just the finance geeks who are interested—everyone wants in on the action.

Saylor’s not alone in this parade. Former Binance CEO Changpeng Zhao is also advising Pakistan’s blockchain ambitions. The country also plans to “redeploy seized crypto assets” because—let’s face it—nothing says “forward-looking” like using confiscated dogecoins for policy inspiration. 🇵🇰

The endgame: Pakistan is now in the global crypto-race, Nike headband and all. With Saylor riding shotgun, expect things to get weird, ambitious, and possibly meme-worthy as they try to cash in on a digital future—one block at a time.

Read More

2025-06-16 22:10