El Salvador Adds 8 Bitcoin to Treasury, Raising Holdings to $461 Million
El Salvador acquired 8 bitcoins last week, increasing the country's national cryptocurrency reserve to 7,696.37 BTC, according to Cointelegraph. At current market prices, the updated sovereign portfolio is valued at over $461 million.
The acquisition continues the Central American nation's systematic accumulation strategy, which has relied on Bitcoin mined domestically and a dedicated sovereign treasury fund since the country first adopted digital currency as legal tender in 2021.
From the sources (2 posts)
@ibrahimluk18151El Salvador expanded its Bitcoin treasury with 8 more BTC last week. The country's total holdings now stand at 7,696.37 $BTC, with an estimated value exceeding $461 million.
@cointelegraph🇸🇻 UPDATE: El Salvador added 8 BTC to its treasury last week. The country now holds 7,696.37 BTC worth over $461M.