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Home News Crypto

Pakistan Taps Bitcoin Tycoon Michael Saylor as Crypto Advisor Amid Web3 Push

16 June 2025
in Crypto, News
Reading Time: 3 mins read
105 5
source: arabnews.com

source: arabnews.com

Pakistan has taken a bold step in its drive toward crypto adoption by securing the support of Michael Saylor, executive chair of Strategy (formerly MicroStrategy), the world’s largest corporate holder of Bitcoin.

Saylor met with key government officials in Islamabad on June 15, including Finance Minister Muhammad Aurangzeb and State Minister for Blockchain and Crypto Bilal Bin Saqib, to discuss the country’s crypto ambitions.

The high-level meeting centred on the integration of Bitcoin into Pakistan’s state reserves and the ongoing development of a national digital asset policy. According to local reports from Dawn, Saylor welcomed the opportunity to serve as an advisor to the Pakistani government on crypto strategy.

“Pakistan has many brilliant people, and a lot of the world already does business with you,”

Saylor said in a video posted by a Finance Ministry official on X. He emphasized that global capital follows leadership and trust and that Pakistan has both the talent and commitment needed to attract serious investment in the digital asset space.

Strategy, under Saylor’s leadership, has accumulated 582,000 BTC—currently worth over $61 billion according to Bitbo—making it the largest Bitcoin-holding public company. The firm has raised billions through debt and equity sales to fund its crypto purchases, with its share price skyrocketing over 3,000% since mid-2020.

The meeting follows Pakistan’s recent crypto-friendly moves, including the launch of a dedicated regulatory authority for digital assets and a government plan to establish a national Bitcoin reserve. Saqib described the engagement with Saylor as a “milestone” in positioning Pakistan as a Web3-ready nation and a serious player in the global crypto economy.

Finance Minister Aurangzeb echoed this sentiment, stating that Pakistan aims to lead the Global South in the development and adoption of digital assets.

Aurangzeb presented the country’s budget in parliament on Wednesday
Source: Ministry of Finance/Facebook

Saylor reinforced the message of trust and leadership, noting,

“If the world trusts you and they hear your words and you speak particularly, the capital and the capability will flow to Pakistan. It’s there, it wants to find a home.”

 

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