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News Explorer — El Salvador Keeps Buying Bitcoin Daily, Now Holds $361 Million

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Aug 23, 5:28 pm
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El Salvador Keeps Buying Bitcoin Daily, Now Holds $361 Million

Since March 16, El Salvador has been steadily accumulating Bitcoin, with a total holding of 5,852 BTC valued at $361 million. President Nayib Bukele has taken steps to enhance the security of the nation's digital assets by transferring a significant portion into cold storage. Despite international scrutiny and concerns from the IMF and U.S. lawmakers, Bukele's re-election suggests continued domestic support for his cryptocurrency policies.

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