El Salvador Adds 29 BTC, Now Holds Over $705M
El Salvador buys 29 more BTC in a month, boosting its national Bitcoin stash to over $705 million.
- El Salvador added 29 BTC in the last month
- Nation’s total Bitcoin holdings reach 6,367 BTC
- Country’s BTC stash now worth over $705 million
Bitcoin Nation Keeps Stacking
El Salvador, the first country in the world to make Bitcoin legal tender, continues to grow its digital gold reserves. In the past month alone, the Central American nation has added 29 more BTC, bringing its total holdings to 6,367 BTC, currently valued at over $705 million.
Despite market volatility and global criticism, President Nayib Bukele’s government has shown unwavering commitment to its Bitcoin strategy. The recent accumulation is part of Bukele’s “1 BTC a day” policy, which was launched in late 2023 and aims to gradually increase the nation’s holdings without timing the market.
Building a Bitcoin-Based Economy
El Salvador’s Bitcoin investments are more than symbolic. The government views Bitcoin as a long-term financial asset and a way to reduce dependence on traditional global financial systems. Revenue from BTC is also intended to support national projects, including education, healthcare, and tourism development, particularly through Bitcoin City—an upcoming tax-free tech hub.
The country’s Bitcoin treasury is stored securely in cold wallets, and transactions are often made public through official channels, promoting transparency. As of now, El Salvador is the only nation to publicly hold such a significant BTC reserve as part of its monetary policy.
Global Watch, Local Confidence
Critics have questioned El Salvador’s exposure to Bitcoin, especially during bear markets. However, with BTC prices recovering in 2025 and trending upward, the country’s Bitcoin portfolio is now in significant profit.
This bold financial experiment continues to draw global attention. For many in the crypto world, El Salvador stands as a model of state-level Bitcoin adoption—and its steady accumulation strategy shows no signs of slowing down.
Read Also:
- Pantera Fund Faces Losses Amid Poor Crypto Deals
- BlockDAG’s $435M+ Presale & Leadership Approach Set It Apart From ZCash & PENGU’s Short-Term Moves
- Zerohash Earns MiCA License, Opening Doors to TradFi
- Bitcoin Dips as Whale Sales Trigger $414M in Liquidations
- Cobo Partners with 21M to Secure Bitcoin Life Insurance
