Bitcoin’s recent price surge has not only reignited global investor enthusiasm but also put one small nation’s bold financial gamble back in the spotlight.
El Salvador — the first country to adopt Bitcoin as legal tender — is now sitting on more than $350 million in unrealized profit from its national holdings.
President Nayib Bukele shared the milestone on social media, revealing that the government’s 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 — marking a 124% gain.
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.
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Despite these challenges, Bukele has remained defiant. “It didn’t stop when the world ostracized us,” he wrote, reinforcing his long-term commitment to the strategy.
Though the country has since made Bitcoin usage optional for private businesses, its national investment approach hasn’t wavered. Now, with markets trending upward again, El Salvador’s experiment may become a case study for other governments exploring digital asset integration into sovereign financial policy.
As Bitcoin approaches new highs, the country’s position not only appears more justified — it may soon be seen as visionary.
Alexander Stefanov
With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.
