El Salvador surpasses 6,000 Bitcoin milestone
Since becoming the first nation to recognise Bitcoin as legal tender in September 2021, El Salvador has positioned itself as the sixth-largest Bitcoin holder globally.

El Salvador’s Bitcoin holdings have surpassed 6,000 BTC, now valued at over $561 million, according to the National Bitcoin Office. The country achieved this milestone on 29 December with the latest addition to its portfolio. Over the past month, El Salvador has acquired 53 BTC, worth nearly $5 million, as part of its consistent accumulation strategy.
The government’s investments have proven highly profitable, with a 105% unrealised return based on an average purchase price of $45,465 per Bitcoin. El Salvador’s adoption of cryptocurrency began in September 2021 when it became the first nation to recognise Bitcoin as legal tender, despite initial pushback from institutions like the IMF.
President Nayib Bukele’s administration has continued to expand its Bitcoin portfolio through daily purchases. This approach has positioned El Salvador as the sixth-largest Bitcoin holder globally, joining the ranks of major powers like the US and China. With the cryptocurrency market showing signs of recovery, El Salvador’s Bitcoin investments are playing a significant role in boosting the nation’s financial profile.