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Pakistan Engages Michael Saylor in Bold Push Toward Bitcoin-Backed Economy

Pakistan Engages Michael Saylor in Bold Push Toward Bitcoin-Backed Economy

Yahoo7 hours ago

Pakistan has taken a significant leap toward integrating digital assets into its economic roadmap by hosting bitcoin BTC advocate Michael Saylor, Executive Chairman of Strategy (MSTR).
In a high-profile meeting with Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib, discussions centered around positioning bitcoin as a sovereign-grade asset to bolster Pakistan's monetary resilience and digital future.
Saylor, known for transforming Strategy into the largest corporate holder of bitcoin, praised Pakistan's openness to innovation. The company's bitcoin holdings now total approximately 582,000 BTC, valued at over $62 billion, a strategy that has lifted its market cap from $1.2 billion to $105 billion since 2020.
Minister Aurangzeb emphasized Pakistan's ambition to become a leader in digital asset adoption across the Global South, highlighting its commitment to regulation, inclusion and innovation. Bilal Bin Saqib drew attention to Saylor's remarkable trajectory, stating that Pakistan possesses the talent and determination to replicate such transformative success on a national scale.
Saylor applauded Pakistan's proactive approach, calling Bitcoin the 'strongest asset for long-term national resilience.' He added that countries like Pakistan have a unique chance to leap ahead in the financial landscape by embracing digital assets early.
This meeting marks a pivotal step in Pakistan's efforts to build a comprehensive digital assets framework and attract global institutional attention in the emerging Web3 economy.

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