Michael Saylor Meets With Pakistani Officials To Discuss Bitcoin and Digital Asset Policy

Strategy executive chairman Michael Saylor met with Pakistani Finance Minister Muhammad Aurangzeb and State Minister for blockchain and crypto Bilal Bin Saqib to discuss the country’s digital asset plans, including Bitcoin reserves and regulatory frameworks, according to local media outlet Dawn.

The meeting, held Sunday, included discussions on the possibility of Saylor advising Pakistan on its Bitcoin and digital asset strategy.

In a video shared by a Finance Ministry official, Saylor said, “Pakistan has many brilliant people and a lot of people do business with you,” and cited his company’s experience in Bitcoin as an example of “intellectual leadership.”

Strategy currently holds 592,100 Bitcoin, the largest among public companies, worth over $62 billion. 

The firm has funded its Bitcoin purchases through debt and equity offerings, and its share price has risen significantly since 2020.

Pakistan recently established a crypto authority, and Saqib has indicated the country intends to create a Bitcoin reserve.

During the meeting, Saylor said the markets gave him billions of dollars “because they trust us,” emphasizing the importance of “leadership, intellectual leadership, and that they trust you.”

He added, “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.”

“You have the most important thing, which is you have a commitment and a will and clarity. I look forward to working with you,” Saylor said.

Saqib’s office called the discussion a “milestone in Pakistan’s effort to build a robust digital assets policy framework” and present the country as a “Web3 and Bitcoin-ready emerging market.”

Aurangzeb stated that Pakistan “aspires to lead the Global South in the development and adoption of digital assets.” 

Saqib added, “if private individuals can build that in the U.S., why can’t Pakistan, as a nation, do the same? We have the talent, the story, and the energy.”