Bitcoin Supporting Country El Salvador Started Increasing Daily Bitcoin Purchase Amount! Here Are the Details

El Salvador has significantly increased its Bitcoin holdings, increasing its daily purchases from 1 BTC to approximately 1.6 BTC. The government has purchased 93 BTC at an average price of $98,579 since December 22, 2024, with daily purchases ranging from 1 BTC to 11 BTC. El Salvador Increases Bitcoin Purchases, Now Accumulating 1.6 BTC Daily As a result, El Salvador's total Bitcoin holdings now stand at 6,081 BTC, worth approximately $579.9 million at current market prices. This signals a continued commitment to Bitcoin as a national asset, following the country’s historic decision to accept BTC as legal tender in 2021. The government's increased BTC purchases reflect President Nayib Bukele's long-term bullish stance, with him previously highlighting Bitcoin's role in economic growth and financial sovereignty. The move comes amid growing global interest in institutional adoption of Bitcoin and potential regulatory changes in the United States. Market analysts continue to closely monitor El Salvador's Bitcoin strategy, especially as the price of Bitcoin continues to trade near all-time highs. *This is not investment advice. Continue Reading: Bitcoin Supporting Country El Salvador Started Increasing Daily Bitcoin Purchase Amount! Here Are the Details