Here is How Much Bitcoin El Salvador Owns
19.09.2024 12:00 1 min. read Alexander Zdravkov
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.
On-chain data confirms that El Salvador is continuing to buy 1 BTC every day, staying consistent with its cryptocurrency investment plan.
-
1
Crypto Expert Predicts Massive Bitcoin Rally to $300,000
17.02.2025 15:00 1 min. read -
2
Bitcoin’s Bull Run Intact? Analyst Says Bear Market Unlikely
20.02.2025 12:24 1 min. read -
3
Is Bitcoin’s Price Being Held Back Despite Institutional Demand?
19.02.2025 15:00 1 min. read -
4
Crypto Bull Run Could Extend Into 2026, Says Ex-Goldman Sachs Exec
03.03.2025 9:00 3 min. read -
5
Trump Declares Bitcoin and Ethereum Key to America’s Crypto Strategy
02.03.2025 18:48 1 min. read
Top Spanish Bank Launches Bitcoin and Ethereum Trading Services
BBVA has made a significant move into the cryptocurrency space, gaining approval from Spain’s securities regulator, CNMV, to offer Bitcoin and Ether trading.
Bitcoin Could Become Wall Street’s Most Traded Asset, According to Tom Lee
Fundstrat’s Tom Lee believes Bitcoin could emerge as Wall Street’s most lucrative asset as the U.S. moves toward recognizing BTC as part of its financial reserves.
Bitcoin Adoption Still in Early Stages, With U.S. Leading the Way
Despite Bitcoin’s growing presence in financial markets, global adoption remains relatively low, with only 4% of the world’s population holding BTC.
Michael Saylor Proposes U.S. Government Acquire 25% of Bitcoin’s Supply Over Next Decade
Michael Saylor, the founder of Strategy, has put forward an ambitious plan for the U.S. government to secure up to 25% of Bitcoin’s total supply over the next decade.
-
1
Crypto Expert Predicts Massive Bitcoin Rally to $300,000
17.02.2025 15:00 1 min. read -
2
Bitcoin’s Bull Run Intact? Analyst Says Bear Market Unlikely
20.02.2025 12:24 1 min. read -
3
Is Bitcoin’s Price Being Held Back Despite Institutional Demand?
19.02.2025 15:00 1 min. read -
4
Crypto Bull Run Could Extend Into 2026, Says Ex-Goldman Sachs Exec
03.03.2025 9:00 3 min. read -
5
Trump Declares Bitcoin and Ethereum Key to America’s Crypto Strategy
02.03.2025 18:48 1 min. read
