El Salvador spent $100 million to buy 1,090 Bitcoins, and its total holdings hit 7,500 BTC

👤 78eh@Violet 📅 2026-04-03 16:00:49

El Salvador purchased an additional 1,090 Bitcoins for an additional US$100 million, and its holdings exceeded 7,474, demonstrating the ambition of the national encryption strategy.
(Preliminary summary: El Salvador split 6,285 Bitcoins into 14 wallets: to resist the threat of quantum attacks)
(Background supplement: El Salvador hinted at launching a "Bitcoin Bank", presidential adviser: BTC is unstoppable)

About an hour ago, the El Salvador government bought another 1,090 Bitcoins, spending about $100 million, pushing the country's holdings to 7,474.37 BTC, with a market value of approximately US$688 million, which is a large purchase that has been rare in the long term. Faced with Bitcoin’s recent decline, President Nayib Bukele once again showed his strong confidence in BTC.

El Salvador spent $100 million to buy 1,090 Bitcoins, and the total holdings hit 7,500 Bitcoins BTC

National Strategy and Economic Achievements

El Salvador’s Bitcoin Office publishes its wallet address, allowing outsiders to track holdings in real time. According to statistics, as of September 2025, the country spent US$300 million to accumulate 6,313 BTC, with unrealized gains of more than US$400 million, and a return rate of approximately 133%.

In terms of people's livelihood, through Bitcoin and the Lightning Network, overseas remittance fees can be reduced from the traditional 10% to less than 1%; the tourism industry has also grown by 55% due to the "Bitcoin Pilgrimage" craze.

However, the overall use of cryptocurrency in the country is still low. El Salvador faces challenges such as insufficient infrastructure, uneven distribution of public usage and the cost of transforming the banking system. Bitcoin price volatility could also hit its public finances.

Generally speaking, some domestic people have limited trust in the government’s Bitcoin plan, and the actual penetration rate of Bitcoin in daily payments remains to be seen.

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78eh@Violet

78eh@Violet

Blockchain and cryptoassets editor, focusing ontechnologyDomain content analysis and insights

Comment (10)

Phoenix 87days ago
The ecology will be more perfect in the future.
Amara 87days ago
The future of decentralization is worth looking forward to.
Nathan 87days ago
This part of cross-chain technology is particularly well written.
Clara 87days ago
At present, blockchain applications still need to break through the circle.
Ernie 87days ago
Agreed, blockchain is reconstructing the trust system.
Iris 87days ago
"Not your keys, not your crypto", but most people don't manage their keys well.
Abigail 88days ago
The content of the article is good, support continued output.
Nathan 88days ago
How to choose between public chain, alliance chain and private chain?
Steve 95days ago
Agreed, technology and supervision will compete for a long time.
Mary 112days ago
The article is well written and I have collected it.

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