Here is How Much Bitcoin El Salvador Owns
Under President Nayib Bukele, El Salvador remains committed to its daily Bitcoin acquisition strategy, currently holding assets worth approximately $354.6 million.
As of now, the country owns 5,877 BTC, with the daily purchases starting in late 2022 and the transactions being recorded on-chain since March 2023.
This effort follows the country’s landmark decision in 2021 to make Bitcoin its official legal tender, a move that garnered international attention.
In an interview with Time on August 29, Bukele acknowledged that Bitcoin adoption in the country has been slower than anticipated but remained hopeful for the future.
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BlackRock Reveals Bitcoin’s Potential as a Game-Changer for DiversificationOn-chain data confirms that El Salvador is continuing to buy 1 BTC every day, staying consistent with its cryptocurrency investment plan.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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