Michael Saylor to Advise Pakistan on Crypto Strategy
Strategy’s Michael Saylor to Guide Pakistan’s Crypto Ambitions
Michael Saylor, executive chair of Strategy, expressed his eagerness to support Pakistan in its evolving crypto landscape following a meeting with the country’s finance and crypto ministers.
On Sunday, Saylor met with Pakistan’s Finance Minister Muhammad Aurangzeb and State Minister for Blockchain and Crypto Bilal Bin Saqib. They discussed Bitcoin’s potential role as a state reserve asset and Pakistan’s upcoming crypto regulations, with Saylor welcoming the chance to serve as an advisor, according to local media Dawn.
In a video shared on X by a Finance Ministry official, Saylor praised Pakistan’s talented workforce and emphasized the country’s potential for “intellectual leadership” in crypto, citing his own Bitcoin-focused company, Strategy, as a model.
Strategy, formerly known as MicroStrategy, holds the largest publicly disclosed Bitcoin reserve—582,000 BTC valued at over $61 billion, per Bitbo data. The company has raised billions through debt and equity to fund its Bitcoin acquisitions, and its stock has surged more than 3,000% since mid-2020.
Market Confidence Will Support Pakistan’s Crypto Vision
Pakistan recently became more crypto-friendly, establishing a regulatory crypto authority last month. Minister Saqib revealed plans for a Bitcoin reserve to bolster the national strategy.
Saylor told Aurangzeb and Saqib that his ability to raise billions from investors comes down to trust and leadership. He highlighted that markets back those who show clear vision and integrity.
“If the world trusts your leadership and listens to your message, capital and resources will flow into Pakistan. The demand is there—it’s just looking for the right home,” Saylor remarked.
He added that once a country emerges as a market leader, global investors rally behind it, sending funds accordingly. “You have the commitment, the clarity, and I look forward to collaborating,” Saylor said.
Pakistan Aims to Lead Crypto Adoption in the Global South
Saqib’s office called the discussions with Saylor a major step toward crafting a strong digital asset policy. They see Pakistan as an emerging market ready for Web3 and Bitcoin adoption.
Finance Minister Aurangzeb stated that Pakistan wants to become a leader among Global South nations in digital assets development and adoption—a group typically associated with developing economies.
Saqib encouraged Pakistan to follow Strategy’s blueprint as a Bitcoin-holding entity. “If private firms in the U.S. can build such platforms, why can’t a nation like Pakistan do the same? We have the talent, the story, and the enthusiasm,” he said.
Pakistan Crypto Council Advances Legal Framework
Earlier this month, on June 6, the Pakistan Crypto Council—a government-backed organization led by Saqib—submitted a draft legal framework for crypto regulation. The Finance Ministry committed to accelerating its approval.
Formed in March, the council is spearheading efforts to build Pakistan’s digital asset ecosystem. Saqib also advises World Liberty Financial, a crypto project associated with former US President Donald Trump’s family.
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