El Salvador’s BTC holdings reach 7,777 after 916 days of daily purchases

  • El Salvador’s government holds 7,777 BTC after daily Bitcoin purchases.
  • 7,777 BTC are valued at about $594 million, with a 37% unrealized gain.
  • El Salvador adopted Bitcoin as legal tender in 2021.

El Salvador’s government holds 7,777 BTC after buying one Bitcoin daily since March 16, 2024, according to monitoring by Ember cited by PANews. The holdings are valued at about $594 million, while the average acquisition cost is approximately $55,718 per BTC. The position shows an unrealized profit of about $162 million, or roughly 37%, after 916 consecutive days of purchases. El Salvador became the first country to adopt Bitcoin as legal tender in 2021 and has continued government-level Bitcoin buying.

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