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.
The two most powerful U.S. market regulators have teamed up to deliver big news for…
Michael Saylor has continued to accumulate Bitcoin (BTC) quietly amid midterm crypto bull market uncertainty.…
The crypto space is abuzz with the launch of Layer Brett, a promising memecoin currently…
Sheridan, Wyo., 2 September 2025 - Global Gold, the modern monetary infrastructure for the world’s…
Shiba Inu (SHIB) has remained a household name in the meme coin universe, but in…
Meme coins have always been unpredictable, but occasionally, a new project makes people pause and…
