Pakistan Found a New Way to Build a Bitcoin Reserve: Mine It Instead of Buying It. How an IMF-Constrained Country Could Turn Stranded Electricity Into Sovereign Bitcoin Without Spending Its Scarce Dollars.

Pakistan may have found a smarter way to build a Bitcoin reserve:

**Don’t buy BTC with scarce dollars. Mine it with surplus electricity.**

Energy in. Bitcoin out.

If this works, the next sovereign Bitcoin race may not be fought on exchanges.

It may be fought over **megawatts**.