El Salvador spent $100 million to buy 1,090 Bitcoins, and its total holdings hit 7,500 BTC

El Salvador purchased an additional 1,090 Bitcoins for an additional US$100 million, and its holdings exceeded 7,474, demonstrating the ambition of the national encryption strategy.
(Preliminary summary: El Salvador split 6,285 Bitcoins into 14 wallets: to resist the threat of quantum attacks)
(Background supplement: El Salvador hinted at launching a "Bitcoin Bank", presidential adviser: BTC is unstoppable)

About an hour ago, the El Salvador government bought another 1,090 Bitcoins, spending about $100 million, pushing the country's holdings to 7,474.37 BTC, with a market value of approximately US$688 million, which is a large purchase that has been rare in the long term. Faced with Bitcoin’s recent decline, President Nayib Bukele once again showed his strong confidence in BTC.

National Strategy and Economic Achievements

El Salvador’s Bitcoin Office publishes its wallet address, allowing outsiders to track holdings in real time. According to statistics, as of September 2025, the country spent US$300 million to accumulate 6,313 BTC, with unrealized gains of more than US$400 million, and a return rate of approximately 133%.

In terms of people's livelihood, through Bitcoin and the Lightning Network, overseas remittance fees can be reduced from the traditional 10% to less than 1%; the tourism industry has also grown by 55% due to the "Bitcoin Pilgrimage" craze.

However, the overall use of cryptocurrency in the country is still low. El Salvador faces challenges such as insufficient infrastructure, uneven distribution of public usage and the cost of transforming the banking system. Bitcoin price volatility could also hit its public finances.

Generally speaking, some domestic people have limited trust in the government’s Bitcoin plan, and the actual penetration rate of Bitcoin in daily payments remains to be seen.