Michael Saylor Backs Pakistan’s Crypto Transition in Strategic Meeting
Islamabad – June 16, 2025 – Pakistan’s efforts to pivot towards cryptocurrency have received significant support from Michael Saylor, the executive chairman of Strategy, formerly known as MicroStrategy. During a recent meeting held on Sunday, Saylor engaged in discussions with Pakistan’s Finance Minister Muhammad Aurangzeb and State Minister for Blockchain and Crypto, Bilal Bin Saqib, to explore how Bitcoin (BTC) could be integrated into the country’s financial framework and national reserves.
Advancing Pakistan’s Crypto Initiatives
The meeting is seen as a crucial step for Pakistan as it aims to shape a robust framework around digital assets. According to local media outlet Dawn, Saylor expressed his enthusiasm for advising the country on its ambitious crypto agenda. He highlighted the potential of Bitcoin in functioning as a part of national reserves and emphasized the importance of leadership in attracting capital and building trust in the markets.
In his remarks, Saylor noted, "Pakistan has many brilliant people, and a lot of people do business with you," showcasing his belief in the country’s capacity to emerge as a leader in the cryptocurrency domain. His company, Strategy, holds the largest Bitcoin reserves among public companies, possessing approximately 582,000 BTC, valued at over $61 billion, which underscores his credibility in this sphere.
A Strategic Alliance
Saylor commended Pakistan’s bold vision to become a leading player in cryptocurrency within the Global South—a term often used to describe economically developing countries. He stated, "If the world trusts you and they hear your words… the capital and the capability will flow to Pakistan." His statements suggest a confidence in Pakistan’s potential to attract international investment by implementing a clear and committed approach toward digital assets.
In alignment with Saylor’s insights, Saqib pointed to the importance of following Strategy’s model as an example for Pakistan’s own endeavors in acquiring Bitcoin and expanding its crypto capabilities. “If private individuals can build that in the US, why can’t Pakistan, as a nation, do the same?” he asserted.
Strengthening Regulatory Frameworks
Recently, Pakistan has been proactive in establishing a favorable environment for cryptocurrencies. The government formed the Pakistan Crypto Council in March, which has since drafted a legal framework for regulating digital assets. This initiative was further endorsed by the Finance Ministry, which agreed to fast-track the approval process for the proposed laws.
Saqib, appointed as the CEO of the Crypto Council, highlighted the significance of this meeting, calling it a milestone in Pakistan’s journey to create a well-defined digital assets policy framework. The groundwork laid by this council is aimed at presenting Pakistan as an appealing destination for Bitcoin and other digital assets within the emerging markets landscape.
Conclusion
As Pakistan forges ahead with its cryptocurrency initiatives, the support from high-profile figures like Michael Saylor could play a pivotal role in shaping the country’s financial future. With a focus on leadership, regulatory clarity, and a commitment to innovation, Pakistan is positioning itself as a pioneering force in the developing world’s cryptocurrency landscape. With strategic guidance and a clear framework, the country aims to not only enhance its own economy but also to inspire other nations within the Global South to embrace the digital revolution.