El salvador president showcases national portfolio as Bitcoin tapped $100K

El Salvador’s Bitcoin investment exceeds 600 million USD: Following Bitcoin’s rise to over 100,000 USD, El Salvador’s holdings totaled nearly 6,000 BTC. This has led to a valuation of about 600 million USD, marking a 123.67% return on their original 269.7 million USD investment.

Presidential support faces citizen skepticism: While President Bukele celebrates gains, many Salvadorians preferred immediate cash from BTC bonuses instead of potential future profits. Critics argue realized profits only occur upon selling cryptocurrency, showcasing a divide in public sentiment.