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El Salvador’s Bitcoin Holdings Surpass 6,250, Valued at $739 Million

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JOON HYOUNG LEE

Summary

  • El Salvador’s Bitcoin holdings have reportedly surpassed 6,250.
  • The value of this Bitcoin holdings is said to be approximately $739 million.
  • El Salvador is reportedly continuing to expand its Bitcoin payment infrastructure.

El Salvador’s Bitcoin (BTC) holdings have surpassed 6,250.

U.S. crypto-focused media outlet Cointelegraph announced on its official X account on the 27th (local time), “El Salvador is still purchasing Bitcoin daily,” adding, “Current holdings stand at 6,250 coins, amounting to approximately $739 million (about ₩1 trillion).”

El Salvador became the world’s first country to officially adopt Bitcoin as legal tender in 2021. The country is reported to be steadily expanding its domestic Bitcoin payment infrastructure.

#Policy
#Update
JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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