{"id":157573,"date":"2025-05-20T12:00:17","date_gmt":"2025-05-20T09:00:17","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=157573"},"modified":"2025-05-19T17:04:08","modified_gmt":"2025-05-19T14:04:08","slug":"el-salvadors-bitcoin-bet-pays-off-with-over-350m-in-unrealized-gains","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/el-salvadors-bitcoin-bet-pays-off-with-over-350m-in-unrealized-gains\/","title":{"rendered":"El Salvador’s Bitcoin Bet Pays Off With Over $350M in Unrealized Gains"},"content":{"rendered":"

El Salvador \u2014 the first country to adopt Bitcoin as legal tender \u2014 is now sitting on more than $350 million in unrealized profit from its national holdings.<\/span><\/p>\n

President Nayib Bukele shared the milestone on social media, revealing that the government\u2019s Bitcoin portfolio, which was once widely criticized, has more than doubled in value. The country currently holds 6,181 BTC, acquired at an average cost of just over $287 million. With Bitcoin trading above $102,000, the holdings are now worth around $644 million \u2014 marking a 124% gain.<\/p>\n

El Salvador first made headlines in 2021 with its historic Bitcoin adoption law. While the move drew applause from crypto advocates, it also triggered warnings from global financial institutions, including the International Monetary Fund. Since then, the government has faced pressure to tone down its Bitcoin ambitions, especially during negotiations for international funding.<\/p>\n