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El Salvador Continues to Bet Strongly on Bitcoin
The Central American country has just added 8 BTC to its coffers in the past week. Nothing spectacular when you look at the numbers, but the story behind it is indeed remarkable.
With this move, El Salvador now holds 6,361.18 bitcoins valued at around $710 million. For a country with just 6 million inhabitants, this represents a serious and sustained bet on cryptocurrency as a national store of value.
The interesting part here is not just that they keep buying, but the message they send: while the world debates whether Bitcoin is a bubble or the future, El Salvador simply keeps accumulating. Each purchase is a vote of confidence in the narrative of “digital money” as an alternative to traditional reserves.
Smart strategy or risky gamble? It depends on who you ask. But what’s clear is that this small country is writing its own monetary history.