El Salvador continues its bold experiment with Bitcoin, marking another milestone with the addition of 21 Bitcoin to its treasury. This move, reflecting President Nayib Bukele's continued confidence in the cryptocurrency, underscores the nation's pioneering strategy in the digital asset space. In September 2025, El Salvador made history by becoming the first nation to adopt Bitcoin as legal tender. President Nayib Bukele championed this initiative, aiming to modernize the El Salvador embraced Bitcoin months ago and now it was buying the dip to mark a special day.
President Bukele has emphasized that El Salvador’s Bitcoin treasury tracker promotes openness and confidence in its pioneering Bitcoin strategy. To further enhance transparency, El Salvador has introduced a proof-of-reserves website that offers tools for monitoring the country's Bitcoin holdings using on-chain data. The online Bitcoin treasury is now easily accessible, allowing anyone to track the nation's Bitcoin assets.
This latest acquisition comes amidst ongoing scrutiny of El Salvador's Bitcoin strategy. According to the IMF, El Salvador’s Bitcoin holdings remain unchanged as part of a $1.4B agreement that included Chivo wallet shutdown and Bitcoin law reform. The country's commitment to Bitcoin remains steadfast, even as it navigates the challenges of integrating the cryptocurrency into its economy. This economic experiment and embrace of Bitcoin set an...