El Salvador’s Bitcoin (BTC) holdings have skyrocketed, crossing $760 million as the value of BTC surpassed $122,000 over the weekend. Despite enduring the failure of Bitcoin as legal tender in 2021, the country continued to buy holdings in digital assets. Several industry leaders and sovereign powers criticized El Salvador’s planning, which has now shaped into a fruitful investment.
Currently, El Salvador holds over 6,237 BTC, making the nation one of the most valuable sovereign crypto reserves in the world. In early 2025, the country removed its regulation of Bitcoin as legal tender after facing harsh criticism.
Several critics blamed El Salvador’s poor policy-making for the country’s sovereign debt. Additionally, the International Monetary Fund (IMF) urged El Salvador to limit its Bitcoin ambitions.
However, despite enduring objections, President Nayib Bukele’s administration continued to buy Bitcoin as a sovereign asset. The activity, which was once condemned, is now appearing as a remarkable outcome for the country as it holds over $762 million worth of BTC in the sovereign strategic Bitcoin reserve.
Pravanv Agarwal, independent director at Jetking Infotrain India, is one of the several entities acknowledging El Salvador’s BTC hit. He encouraged other countries to consider Bitcoin as part of their long-term strategic asset. He said, “The mark-to-market gains by El Salvador are a great indicator of how this approach accrues value over a rolling four-to-five-year period.”
Agarwal added, El Salvador’s president holds the support of its elected representatives, which is why this Bitcoin surge became possible. Countries that previously hesitated in regulating a national strategic bitcoin reserve can now follow the lead of El Salvador to reach high ends in terms of cryptocurrency.
Cryptocurrency is a volatile digital asset, but as of July 2025, Bitcoin remains on solid ground. Industry experts say, if this surge continues, Bitcoin value would reach $124,000–$125,000 in the coming days, and countries could cherish their holdings just like El Salvador. The country remained unfazed by all the condemnation and resulted in 3x Bitcoin holdings in 2025.
El Salvador currently holds over 6,237 BTC, making its sovereign crypto reserve worth over $760 million as Bitcoin surpasses $122,000.
El Salvador’s unwavering commitment to buying Bitcoin, despite initial condemnation and market volatility, has resulted in its holdings nearly tripling in value in 2025. This showcases a successful long-term strategic investment.
El Salvador has no capital gains tax on Bitcoin transactions for individuals and offers significant tax exemptions for crypto companies.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
In a major step toward bridging the gap between Washington and the crypto industry, U.S.…
In latest Bittensor news, its native token TAO is making headlines with a stunning 10%…
October 20, 2025 05:37:22 UTC Bitcoin Surges Ahead of Fed Meeting, Eyes New All-Time High…
Crypto is heating up again, and traders are buzzing about two standout projects — Solana…
Macro headwinds have catalyzed selling behaviour in the last few days, making back-to-back weekend dumps…
XRP is yet again commanding attention because the 2025 bull market intensifies. Trading at $2.37,…
