Pakistan Hosts Michael Saylor to Discuss Bitcoin as Sovereign Asset
Pakistan is advancing its integration of digital assets by hosting bitcoin advocate Michael Saylor, Executive Chairman of Strategy (MSTR).
The meeting included Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib. Key points discussed were:
- Positioning bitcoin as a sovereign-grade asset to enhance monetary resilience.
- Pakistan's ambition to lead in digital asset adoption within the Global South.
- Commitment to regulation, inclusion, and innovation in the crypto space.
Saylor highlighted his company’s holdings of approximately 582,000 BTC, valued at over $62 billion, boosting its market cap significantly since 2020. He described bitcoin as the “strongest asset for long-term national resilience” and suggested that early adoption could benefit Pakistan economically.
This meeting is a crucial step towards establishing a comprehensive digital assets framework in Pakistan and attracting global institutional interest in the Web3 economy.