El Salvador’s Bitcoin Reserves Grow As BTC Price Surges – Here’s How Much The Country Holds
Summary
El Salvador has made significant profits from its Bitcoin reserve, with gains reaching hundreds of millions of dollars as Bitcoin surged past $66,000. The country holds about 5,751 BTC valued at approximately $379 million and has mined a total of 474 Bitcoin worth about $29 million since 2021. President Nayib Bukele has championed Bitcoin as a means to promote economic growth and improve financial inclusion. Bitcoin's recent surge above $66,000 has led to a 6.74% increase over the past 24 hours, with its daily trading volume and overall market capitalization experiencing significant upward momentum.
