Bitcoin (BTC) Mining Expands to Pakistan as the Country Aims to Become a Crypto Hub

Pakistan-based Blockchain Group stole the show recently by planning to expand its Bitcoin reserves to 1,437 $BTC. The acquisition comes

Paris-based Blockchain Group stole the show recently by planning to expand its Bitcoin reserves to 1,437 BTC. The acquisition comes after a bond sale of over $72M, 95% of which will be used to acquire approximately 658 BTC at the current price of $109K.

At the same time, Pakistan is intensifying its crypto mining efforts through a bigger and better electrical grid. The country also hired World Liberty Financial's crypto advisor for guidance on key decisions.

So, if you were looking for 3 cryptos to 100x as France and Pakistan embrace crypto, this is the time to get your wallet ready.

France and Pakistan Join the Global Adoption Wave and Prove the Crypto Narrative

While France is making steady progress in its crypto race, Pakistan is another forefront runner, as it just announced the appointment of World Liberty Financial advisor Bilal Bin Saqib as Special Assistant in crypto-related affairs.

Saqib is a Blockchain Advisor and crypto expert featured in Forbes as one of the most influential 30 entrepreneurs under 30, which makes his expertise invaluable to Pakistan.

This comes in parallel with Pakistan's efforts to expand its electrical grid to accommodate its growing Bitcoin mining ecosystem.

The 2,000 Megawatt surplus will support the country's mining operations and fuel its AI developmental center as part of Pakistan's digital transformation efforts.

These two announcements come just over a month after Pakistan's newly formed Crypto Council appointed Binance's co-founder, Chanpeng 'CZ' Zhao, as external crypto advisor.

Pakistan's shift to crypto isn't isolated. According to Chainalysis, Pakistan ranks 9th in the world in terms of crypto adoption, after countries like the US, India, Ukraine, and Nigeria.

Crypto Efforts Are Making a Splash Worldwide: What's In Store Next?

This comes in the context of Central & Southern Asia and Oceania (CSAO) leading the global race to crypto adoption in 2024, with 7 countries in the top 20 in the world.

This positions CSAO behind North America and Western Europe with over $750B in crypto asset inflows, accounting for 16.6% of the global value.

At this point, it's safe to say we're seeing a pattern—growing Bitcoin adoption no longer comes in waves, but rather a continuous stream.

Michael Saylor's Strategy just acquired an additional batch of 7,390 Bitcoin (worth roughly $764M), and leads the pack with the largest Bitcoin reserve today, at exactly 580,250 tokens. Only Satoshi Nakamoto has more, with around 1M coins, worth over $109B at the current price.

And this is just the tip of the iceberg, as the number of cryptocurrency owners worldwide currently stands at over 560M, according to a Triple-A report.

In this context, we should expect the crypto market to reach new heights, with upcoming meme coins hitting the charts hard.

Some of the best crypto projects to invest in today are Solaxy (SOLX) and BTC Bull Token (BTCBULL). But these aren't the only ones that promise to make waves, when considering the influx of good news that may rally the whole crypto market.

1. Solaxy (SOLX) – Solana's Upcoming Layer 2 Upgrade Promises Faster Transactions and Lower Fees

Solaxy (SOLX) is Solana's Layer 2 upgrade that comes with significant improvements to Solana's functionality and ecosystem stability. Among these is the promise of faster transactions and lower blockchain fees.

Solana has long struggled with problems like downtime during network congestion hours and slow ( or even failed) transactions.

Solaxy's off-chain execution and parallel processing promise to solve that, offering ultra-low latency, speed, and infinite scalability.

The presale has accumulated an impressive $41M so far, with a token price of $0.001736, and the future looks promising.

The project is in its last presale phase, set to launch on DEXs in just over 20 days. So, this is one of the last chances to buy Solaxy and diversify your portfolio.

2. BTC Bull Token (BTCBULL) – Bitcoin's Official Meme Coin Offering BTC Airdrops

BTC Bull Token (BTCBULL) offers you BTC airdrops if you keep your tokens in Best Wallet. The airdrop system is linked to Bitcoin's chart performance, with airdrop events scheduled at key BTC price points ($150K and $ 200K).

The project relies on the idea that Bitcoin will eventually reach and exceed $1M. With that in mind, the BTC Bull Team tries to rally the Bitcoin community and attract investors to the BTC Bull Token herd along the way.