El Salvador’s Bitcoin bet swells to $644M as rally boosts sovereign holdings

As of today, El Salvador’s Bitcoin reserves stand at 6,181 BTC, worth 644 million USD, reflecting a significant gain of 137 million USD within the past month. This places the nation behind major holders like the U.S. And China.

President Nayib Bukele emphasizes that Bitcoin remains a key component of El Salvador’s economic strategy, despite facing pressure from the IMF. The nation’s commitment illustrates a proactive stance in building national Bitcoin reserves.

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