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.
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