El Salvador, under President Nayib Bukele, reached over 6,000 BTC holdings, continuing its strategy since Bitcoin became legal tender in 2021. This places it among global leaders in Bitcoin reserves.
El Salvador's approach contrasts with the US and UK, acquiring BTC through consistent purchases rather than seized assets. This initiative is central to Bukele’s vision to establish El Salvador as a crypto industry leader.
Despite skepticism and an agreement with the IMF to reduce purchases, El Salvador has seen over $157 million in profit from its BTC since 2021, aided by this year's price surge.
Current projections suggest Bitcoin’s price could rise further by 2025, potentially enhancing the value of El Salvador's portfolio.
