El Salvador is continuing to increase its Bitcoin holdings, despite past criticism and setbacks. Its current reserves exceed $760 million.
El Salvador’s Bitcoin Holdings Reach Record Levels
Currently, El Salvador holds over 6,237 BTC, making the nation one of the top holders of cryptocurrency. In early 2025, the country revoked its regulation of Bitcoin as legal tender after facing heavy criticism but continued to expand its holdings in digital assets.
El Salvador as a Model for Other Countries
El Salvador’s approach to Bitcoin as a strategic resource has been noted by many experts. Pravanv Agarwal, an independent director at Jetking Infotrain India, encouraged other countries to consider Bitcoin as part of their long-term strategies. He mentioned that "the mark-to-market gains by El Salvador are a great indicator of how this approach accrues value over a rolling four-to-five-year period."
Conclusion on Bitcoin's Future
Despite the inherent volatility of cryptocurrencies, Bitcoin currently shows strong momentum. Experts believe that if this trend continues, Bitcoin could reach $124,000–$125,000 soon, which may lead other nations to follow El Salvador's lead.
El Salvador has set an example for many countries, demonstrating how to manage Bitcoin reserves successfully despite criticism and risks.
