El Salvador Adds Over 200 Bitcoins to its Reserves
El Salvador has significantly increased its Bitcoin holdings this year, accumulating more than 200 BTC. According to reports, the country continues to invest in one Bitcoin per day and has yet to sell any of its existing holdings.
The news comes as El Salvador's President, Nayib Bukele, has been a vocal advocate for Bitcoin adoption. The government has been actively purchasing BTC, with no signs of selling or diversifying its portfolio.
El Salvador's Bitcoin reserves now stand at over 200 units, making it one of the largest institutional holders of the cryptocurrency.