23-8-2025 – El Salvador expanded its national Bitcoin treasury by eight coins over the past week, bringing the Central American nation’s total cryptocurrency reserves to 6,277.18 Bitcoin valued at approximately $727 million at current market prices.
The modest addition continues President Nayib Bukele’s strategy of gradual Bitcoin accumulation since the country became the first nation to adopt the cryptocurrency as legal tender in September 2021. El Salvador has been steadily building its Bitcoin position through regular purchases and mining operations, despite facing criticism from international financial institutions over the policy’s volatility risks.
The timing of the latest acquisition coincides with Bitcoin trading near key technical levels around $115,000, suggesting the government may be taking advantage of recent price consolidation to add to its position. El Salvador’s Bitcoin holdings now represent a significant portion of the country’s foreign reserves, making the nation one of the most crypto-exposed sovereign entities globally.
