"Michael Saylor to Guide Pakistan’s Shift to Digital Assets"

# Michael Saylor Aids Pakistan in Crafting National Digital Asset Policy Michael Saylor, the Executive Chairman of MicroStrategy, the leading Bitcoin (BTC) holding firm globally, has taken on an advisory role to support Pakistan's government in developing its digital asset policy. On June 16, Saylor met with Pakistani Finance Minister Mohammad Aurangzeb and the Minister of State for Blockchain and Digital Assets, Bilal Bin Saqib, to deliberate on incorporating Bitcoin as a national reserve asset. According to Dawn, a local Pakistani media outlet, Saylor conveyed his insights and showed a readiness to assist as an advisor for the nation's digital asset strategy. “Pakistan has immense talent and can replicate a corporate model like MicroStrategy’s, focused on Bitcoin, on a national scale,” Saylor said. “Leadership attracts markets and capital, and you have the potential to be that leader,” he added during the discussions. MicroStrategy currently holds around 582,000 Bitcoins (BTC), valued at approximately $45 billion USD (or 61 trillion Korean won). The company's Bitcoin acquisitions were financed through substantial bond and stock issuances, leading to a more than 3,000% increase in its stock price since 2020. # Pakistan Strives to Lead Digital Asset Adoption in the Global South Pakistan has recently established a national digital asset management authority to position itself as a pioneer among emerging markets. This authority is charged with developing a Bitcoin reserve, framing policy guidelines, and speeding up cryptocurrency adoption. Saylor’s meeting with Pakistani officials is a part of this larger initiative. Bilal Bin Saqib called the meeting a “watershed moment” for Pakistan's digital asset policy and highlighted the country’s readiness to embrace Web3 technologies and Bitcoin. Finance Minister Aurangzeb echoed this optimism, stating, “Our goal is to lead the Global South in digital asset adoption.” Saylor emphasized that market trust is essential for attracting capital. “Markets are built on trust, and once that trust is established, capital will naturally flow to Pakistan,” he noted. # Pakistan Accelerates Legalization of Digital Assets Pakistan is swiftly moving forward with the legislative groundwork for digital asset adoption. On June 6, the Digital Asset Committee submitted a draft law on digital assets to the government, and the Finance Ministry has begun expedited approval processes. Formed in March, the committee is chaired by Bilal Bin Saqib, an influential figure with global experience. Saqib also advises World Liberty Financial, a blockchain-based digital asset platform linked to former U.S. President Donald Trump’s associates. Commenting on Pakistan’s digital ambitions, Saqib stated, “If private firms in the U.S. can achieve significant milestones, so can our nation. Pakistan has the talent, energy, and narrative needed to lead this revolutionary movement.” Pakistan’s endeavors reflect a robust commitment to modernizing its financial infrastructures and positioning itself as a significant player in the global digital economy, showcasing ambition and strategic foresight.