El Salvador, led by President Nayib Bukele, purchased an additional Bitcoin, increasing national reserves to 6,121.18 BTC, as part of its long-term economic strategy to integrate Bitcoin.
Increase in Bitcoin Reserves in El Salvador
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 initial accumulation phases.
Economic Debate on Bitcoin
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.
Global Reaction to El Salvador's Strategy
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 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 continues its strategy of Bitcoin accumulation as part of its economic plan, drawing mixed reactions on the international stage.
