El Salvador’s Bitcoin Holdings Hit 7,500 BTC, Valued at $671 Million
El Salvador made history in September 2021 by adopting Bitcoin as a legal tender. Since then, the government has steadily...
Quick overview
- El Salvador became the first country to adopt Bitcoin as legal tender in September 2021, amassing 7,501 Bitcoins valued at approximately $671 million.
- The government employs a dollar-cost averaging strategy for Bitcoin purchases and promotes the Chivo wallet to encourage public participation.
- Bitcoin reserves help El Salvador combat inflation, reduce reliance on traditional banking, and attract global crypto investors.
- Despite the volatility of Bitcoin and challenges in adoption, El Salvador is positioning itself as a leader in national cryptocurrency integration.
El Salvador made history in September 2021 by adopting Bitcoin as a legal tender. Since then, the government has steadily built the country’s digital treasure trove, and it now holds a whopping 7,501 Bitcoins, valued at around $671 million. They’re approaching this by buying some straight up and also offering various incentives to the public via the Chivo wallet, which is basically the nation’s own digital payment system.
President Nayib Bukele tends to announce their new bitcoin buys on social media; he does this all via a dollar-cost averaging policy (i.e., buying at market bottoms). El Salvador is generally able to reduce the risk to the value of its investments while slowly building its treasury. Over time, this approach has put them head and shoulders above the rest, making them one of the largest holders of Bitcoin among countries worldwide.
Strategic Advantages of Bitcoin Reserves
The country’s Bitcoin holdings are serving several different purposes – from keeping them financially healthy to making them tech leaders. Some of the benefits include:
🚨BREAKING: 🇸🇻 El Salvador’s Bitcoin holdings have reached 7,500 BTC, valued at approximately $677 million.
Over the last 30 days, the country accumulated 1,120 BTC, including a significant purchase of 1,090 BTC on November 18. pic.twitter.com/tpuIu6ft5Q
— Pushpendra Singh Digital (@PushpendraTech) December 14, 2025
- They can use it to fight inflation and keep their reserves safe from being devalued
- By using Bitcoin, they can reduce their dependency on traditional banks and other forms of international aid
- Overseas transfers get way cheaper and faster using Bitcoin
- It attracts all the crypto-enthusiasts and investors from around the world
- And they get to lead the charge on developing new blockchain payment systems
These holdings make El Salvador a valuable test case for countries looking to adopt cryptocurrency at the national level.
Risks and Global Context
Now we have to balance the benefits against the challenges they face. The main one is that Bitcoin’s price is highly volatile, which can significantly impact the value of their portfolio. International institutions have been telling the El Salvador government that this could create financial stability issues. On top of that, there’s also the issue of adoption – it’s not that easy to get people to use or understand this new way of transferring money.
The government is doing its best to tackle these problems by:
🚨 UPDATE: 🇸🇻 El Salvador Stacks More Bitcoin
El Salvador's Bitcoin treasury has now added 7,500 $BTC (worth $677M).LAST 30 DAYS UPDATE: A total of {1,120} $BTC were added. A massive single-day buy of {1,090} $BTC was made on Nov 18.
DIRECT SIGNAL: Whether it's a dip or… pic.twitter.com/6CzsInqIIW
— Crypto Aman (@cryptoamanclub) December 14, 2025
- Running Bitcoin education campaigns
- Getting people on board with real-life examples like Bitcoin Beach
- Using geothermal power for mining to keep the costs down
As for the rest of the world, their 7,500 Bitcoins are nothing compared to some of the big corporate treasuries. But it’s still a big deal as it’s a national reserve and this is unheard of, so they’re getting a big say in the cryptocurrency discussions.
Bitcoin’s price will determine the future, the new regulations that come into effect, and how many people actually adopt this new way of doing things. But so far, El Salvador’s been making a big statement – showing us that digital currencies really can shake up national finance. And it’s clear that they’re not just looking to be a part of this new digital world – they want to make it their own.
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