Saylor Joins Pakistan’s National Bitcoin Reserve Project

Michael Saylor, executive chairman of Strategy (MSTR), has agreed to become Pakistan’s crypto strategy adviser after meeting with key ministers in the country. The head of the company with the largest Bitcoin holdings among publicly traded firms discussed the creation of a national reserve and the development of the crypto industry with Pakistani officials.On June 15, Saylor met with Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib. During the talks, they discussed the possibilities of using Bitcoin in the national reserve and the future of Pakistan’s cryptocurrency policy.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“Pakistan has a lot of brilliant people, and many do business with you,” Saylor declared in a video posted by a Finance Ministry official on X (formerly Twitter). He cited his company as an example of how the country can demonstrate “thought leadership.”Strategy (MSTR), formerly known as MicroStrategy, owns 582,000 BTC worth more than $62 billion, making it the leader among publicly traded companies in Bitcoin holdings. The firm has sold billions of dollars worth of bonds and shares to fund Bitcoin purchases, and its stock is up more than 3,000% since its first Bitcoin acquisition in mid-2020.Pakistan is actively moving toward a more crypto-friendly stance. Last month, the government created a cryptocurrency authority to regulate the industry, and Saqib announced plans to create a Bitcoin reserve.“The markets have given me billions of dollars because they trust us,” Saylor explained to the ministers. He emphasized that “the most important thing is leadership, thought leadership, and being trusted.”“If the world trusts you, hears your words, and you speak clearly, capital and opportunities will flow to Pakistan. That capital is out there, looking for a home,” the Strategy chief added.Saylor said that when the market decides who is leading in a particular area, “investors get behind them and support them with investment, and I think they will do that for Pakistan.”Get Started on eToroeToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.