El Salvador Increases Bitcoin Reserves to 6,121.18 BTC
El Salvador Raises Bitcoin Reserves to 6,121.18 BTC
El Salvador, led by President Nayib Bukele, purchased an additional Bitcoin, increasing its national reserves to 6,121.18 BTC. This decision ties into its long-term economic strategy to integrate Bitcoin. According to the El Salvador Ministry of Finance, the reserves’ total value stands at approximately $526 million USD, marking a significant investment return since the country’s initial accumulation phases began.
Bitcoin’s Surge Spurs Economic Debate in El Salvador
The increase in Bitcoin reserves has led to discussions about the potential economic advantages and risks faced by El Salvador. Bitcoin’s price increased by 4%, reaching a notable point of $85,900. However, regional and international bodies like the IMF recommend against expanding government exposure to Bitcoin, citing volatility concerns.
El Salvador Bitcoin Acquisition Strategy Garners Global Attention
Such purchases are not new for El Salvador, which previously acquired 12 Bitcoin in January 2025 when prices were around $41,000, showing the benefits from holding Bitcoin long-term. Michael Saylor, a noted industry leader, observed on X that El Salvador’s strategy of building its Bitcoin reserves indicates a commitment to monetary freedom, inspiring potential emulation by other nations despite persistent warnings.
“El Salvador just acquired 1 more Bitcoin. Our national Bitcoin reserve now stands at 6,121.18 BTC. We will continue to accumulate Bitcoin as part of our long-term economic strategy.” – Nayib Bukele, President of El Salvador