El Salvador made history in September 2021 by becoming the first country in the world to adopt Bitcoin as legal tender. Since then, the Central American nation has been strategically accumulating Bitcoin as part of its national reserves – but how much do they actually hold?
Ready to see the exact amount of Bitcoin El Salvador holds right now?
You might also like:
Is El Salvador Preparing for a Dollar and Fiat Currency Collapse?
📈 Why This Strategy Matters
- Diversified reserves: Bitcoin complements traditional dollar reserves
- Financial independence: Reduces reliance on traditional financial systems
- Technological innovation: Positions El Salvador as a leader in cryptocurrency adoption
- Investment attraction: Generates international interest in the country
💰 How El Salvador Acquires Bitcoin
The Salvadoran government obtains Bitcoin through:
- Direct market purchases
- Revenue from the citizenship by investment program
- Commercial transactions using Bitcoin
- Bitcoin mining using volcanic geothermal energy
🔍 Complete Transparency
What’s most remarkable about El Salvador’s strategy is its commitment to transparency. Through the National Bitcoin Office (ONBTC), the government maintains up-to-date and verifiable information about its holdings.
💡 Important note: Bitcoin holdings change constantly due to new acquisitions and market fluctuations.
You might also like:
Bukele’s Re-Election Brings Stability to El Salvador
Please follow us on X!
Follow @ElSalvadorENx