Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
El Salvador Adds 8 BTC, Holdings Now Top $735M

El Salvador Adds 8 BTC, Holdings Now Top $735M

CoinomediaCoinomedia2025/07/13 15:55
By:Aurelien SageAurelien Sage

El Salvador buys 8 more Bitcoin, raising its total to 6,236 BTC worth over $735 million.A Long-Term Vision for BitcoinImpact on Global Crypto Sentiment

  • El Salvador added 8 BTC to its national reserves this week.
  • The country now holds 6,236 BTC in total.
  • Current value of its Bitcoin stash exceeds $735 million.

El Salvador continues to stay bullish on Bitcoin . This past week, the country added 8 more BTC to its treasury, bringing its total holdings to 6,236 BTC. Based on current market prices, the stash is now worth over $735 million.

This latest purchase aligns with President Nayib Bukele’s ongoing commitment to accumulating Bitcoin through the country’s “1 BTC a day” strategy. The government has been steadily adding to its reserves despite volatility in the crypto market .

A Long-Term Vision for Bitcoin

El Salvador made history in 2021 as the first nation to adopt Bitcoin as legal tender. Since then, it has maintained a strong pro-Bitcoin stance. The consistent purchases, though small in volume, are part of a long-term strategy aimed at strengthening the country’s financial sovereignty.

President Bukele has emphasized transparency in the accumulation process. A public website launched earlier this year shows real-time updates of Bitcoin purchases, offering citizens and investors a glimpse into the country’s holdings.

🇸🇻 UPDATE: El Salvador added 8 BTC this past week.

Total holdings now at 6,236 BTC worth over $735M.

— Cointelegraph

Impact on Global Crypto Sentiment

While 8 BTC may not seem significant on its own, El Salvador’s unwavering support sends a strong message to the global crypto community. It demonstrates how nation-states can actively participate in the decentralized finance movement.

With Bitcoin’s price hovering around recent highs, El Salvador’s Bitcoin portfolio has seen considerable growth. Whether this strategy pays off in the long run remains to be seen, but for now, El Salvador is all in on Bitcoin.

Read Also :

  • El Salvador Adds 8 BTC, Holdings Now Top $735M
  • Tron Gains Strength, PEPE Faces Pressure, and BlockDAG’s $0.0016 Window Nears End Ahead of GLOBAL LAUNCH Release
  • Saylor’s Strategy Bitcoin Chart Hints at Fresh Buying
  • Ethereum Bears Face Liquidation at $3,200
  • The Next Moonshot’s One Email Away: MoonBull Whitelist Could Be the Best Crypto to Watch in 2025 as Brett and Popcat Make Waves
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Goldman Sachs chart: "Gasoline prices determine the US midterm election"! Prediction market shows "Democrats have a 65% chance of sweeping both chambers"

A recent report from Goldman Sachs shows that the Iran war caused oil prices to surge from $3 to $5 per gallon, while the Democratic Party's lead in the general ballot simultaneously expanded from 5 to 9 percentage points—two trends that closely align. Goldman Sachs believes that Hurricane Isaias, once again impacting 63% of offshore capacity in the Gulf of Mexico, has made oil prices a true "ballot decider." Bank of America warns that if the Senate sweeps both chambers, it will trigger significant risk aversion, potentially causing the stock market to plunge by over 10% and weakening the US dollar.

华尔街见闻•2026/10/12 01:11
Goldman Sachs chart: "Gasoline prices determine the US midterm election"! Prediction market shows "Democrats have a 65% chance of sweeping both chambers"

Jefferies warns of a "2008 moment": AI may trigger a "capital destruction" in the US, with capital flowing to Chinese open-source models

Jefferies warns that about half of the $2.34 trillion backlog orders of the four major U.S. hyperscale cloud providers are owed by loss-making companies OpenAI and Anthropic, creating a credit concentration risk similar to the 2008 subprime crisis. Wood believes that the most likely long-term outcome of the AI narrative is a "large-scale capital destruction" in the U.S., with market share shifting to China's low-cost open-source models, and that it will be the credit market that ends this cycle.

华尔街见闻•2026/10/12 01:01
Jefferies warns of a "2008 moment": AI may trigger a "capital destruction" in the US, with capital flowing to Chinese open-source models

Wall Street's hottest strategy faces its worst moment! Hedge funds crowd into dispersion trading and suffer setbacks as traders eagerly await tech earnings to trigger major volatility

For U.S. stock options traders who have been following dispersion strategies over the long term, the next week or so will be a critical window that determines their annual profit or loss.

智通财经•2026/10/12 00:26
Wall Street's hottest strategy faces its worst moment! Hedge funds crowd into dispersion trading and suffer setbacks as traders eagerly await tech earnings to trigger major volatility