El Salvador Continues Bitcoin Accumulation, Adds 12 BTC to Its Reserve

Key Takeaways:

Consistent Bitcoin Strategy – El Salvador continues to expand its Bitcoin reserves, reinforcing its long-term commitment to BTC as a national asset. The latest purchase of 12 BTC aligns with the country’s ongoing accumulation strategy.

Market Timing & Strategy – The country’s dollar-cost averaging (DCA) approach allows it to buy Bitcoin at various price levels, reducing volatility risks and benefiting from long-term price appreciation.

Broader Economic Implications – This accumulation reflects El Salvador’s confidence in Bitcoin’s role in financial inclusion and economic growth, potentially setting an example for other nations considering BTC adoption.

El Salvador, the first country to adopt Bitcoin (BTC) as legal tender, has once again expanded its crypto reserves by purchasing 12 BTC daily.

Overview of El Salvador’s Ongoing Bitcoin Strategy

On February 4 2025, the government’s Bitcoin Office tracker reported that the country acquired 11 BTC for just over $1.1 million, averaging $101,816 per BTC. Subsequently, it made another purchase of 1 BTC for $99,114. The Bitcoin Office said, “El Salvador has stacked 21 BTC this week!” It added, “The first Bitcoin Reserve in the world keeps growing and El Salvador keeps winning.” This latest acquisition brings the nation’s total BTC holdings to 6,068 BTC. President Nayib Bukele, a staunch advocate for BTC adoption, has maintained the country’s strategy of consistently adding BTC to its reserves, regardless of market conditions. 

The move reflects El Salvador’s long-term confidence in BTC as both a store of value and a financial instrument for economic growth. Since announcing BTC as legal tender in 2021, the Salvadoran government has been actively buying BTC at various price levels. Despite initial doubt from financial institutions such as the International Monetary Fund (IMF) and World Bank, El Salvador has persisted in its BTC accumulation strategy. The government believes that these investments will yield substantial returns in the long run, particularly as global adoption of BTC increases.     

Potential Impact on the Economy

El Salvador’s commitment to BTC extends beyond accumulating the crypto. The country has implemented various initiatives to foster a BTC-friendly economy, including the BTC Beach project, which encourages local businesses to accept BTC payments and the introduction of BTC-backed bonds. Furthermore, the government is working on infrastructure projects such as the “BTC City,” a tax-free zone powered by renewable energy from geothermal sources.  

 By continuing to increase its BTC Reserves, El Salvador is positioning itself as a pioneer in the global crypto economy. If BTC prices appreciate over time, the country can make substantial profits, which could be reinvested into public services, infrastructure, and social programs. However, volatility remains a concern, as Bitcoin’s price fluctuations can impact the nation’s financial stability. The country’s BTC purchases are often met with mixed reactions, with critics questioning the sustainability of this investment strategy while supporters applaud the government’s forward-thinking approach.

Future Outlook for El Salvador’s Bitcoin Holdings

With 6,068 BTC reserves, El Salvador is among BTC’s most prominent government holders. El Salvador’s early adoption could place it at a strategic advantage as more institutional investors and sovereign nations explore BTC as a viable asset. The government’s decision to accumulate BTC during both bull and bear markets suggests a long-term vision rather than short-term speculation. 

 Looking ahead, the success of El Salvador’s BTC experiment will depend on several factors, including regulatory developments, global BTC adoption, and the nation’s ability to integrate crypto into its broader financial system. While risks remain, the government’s continued BTC accumulation signals unwavering confidence in the digital asset’s potential to revolutionise economies and financial systems worldwide.  

As the world watches El Salvador’s Bitcoin journey unfold, the country remains at the forefront of the crypto revolution. It embraces innovation while navigating the challenges of pioneering a national digital currency strategy.


Fhumulani Lukoto Cryptocurrency Journalist

Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.

View all posts by Fhumulani Lukoto >

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