El Salvador’s BTC Holdings Soar Beyond $760M at $122K Price
El Salvador's crypto assets have surpassed $760 million as Bitcoin surged to $122,000, confirming President Nayib Bukele's previously dismissed cryptocurrency gamble.
As reported by Arkham Intelligence, El Salvador now possesses more than 6,237 BTC, equivalent to over 762 million dollars.
Announcing the tremendous growth of its BTC Holdings, Nayib Bukele, President of El Salvador, posted on X. According to CoinGecko, Bitcoin is currently worth $122,121, which is an increase of 3.7% over the past 24 hours. The current price puts El Salvador’s estimated cost basis at $42,000, which translates to nearly a threefold appreciation of value, yielding paper gains that exceed those of most conventional government investments.
The Salvadoran BTC JOURNEY
El Salvador’s President Nayib Bukele made Bitcoin legal tender in 2021 and started purchasing the currency during the market lows, enduring significant criticism and a diplomatic strain alongside a major selloff before the turnaround market shift in favor of El Salvador.
According to Pranav Agarwal, who is the independent director at Jetking Infotrain India—the country’s first listed bitcoin treasury company, “Sovereigns and central banks must consider Bitcoin as a part of their long-term strategic reserves.” He further remarks, “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.
Responding to concerns, Agarwal noted, “As an independent nation, if the government has the support of the elected representatives, they don’t face material internal regulatory risks.”
International attention, however, has not shifted from focusing on El Salvador’s relationship with Bitcoin. Last week, Bukele used X to poke fun at U.S. lawmakers who put forth the El Salvador Accountability Act of 2025, aimed at investigating Bitcoin usage in the country and considering imposing sanctions.
IMF Attempts on El Salvador BTC Accumulation
While the IMF’s previous attempts at forcing El Salvador to crypto-law revisions had resulted in a partial repeal that made Bitcoin acceptance optional for businesses, in the meantime, President Bukele is still ruthlessly stacking Bitcoin on the country’s balance sheet.
The estimated worth of their assets creates a standard that may encourage other nations to consider pursuing the same policies, particularly in dealing with inflation and currency value crises.
Analysts are especially excited. “El Salvador may have an oversized impact helping other countries adopt digital currencies to protect them from wild economic swings,” crypto specialist Maria Fernandez remarks. She continues, “The profit they have made illustrates the possibility of using Bitcoin as an economic reserve capital, which was barely imaginable 10 years back.”
For now, El Salvador serves as a case study for the impact cryptocurrency can have on a nation.
