El Salvador's 6.237 BTC reserve with a capital of 42,000 USD is now worth three times more due to Bitcoin surpassing 122,000 USD.
The controversial Bitcoin strategy of El Salvador President Nayib Bukele is recording impressive success as the national Bitcoin reserve exceeds 760 million USD. According to data from Arkham Intelligence, this Central American country currently holds over 6,237 BTC, valued at around 762 million USD when Bitcoin is trading around 122,121 USD.
With an estimated medium capital of only around 42,000 USD, El Salvador's investment has nearly tripled, providing unrealized profits far exceeding many traditional government investments. This figure is particularly impressive considering El Salvador began accumulating Bitcoin in 2021, during a market downturn and facing harsh international criticism.
The Bukele administration made Bitcoin legal tender in 2021, despite opposition from global financial institutions and diplomatic tensions. This decision was once considered "reckless" by many economists and international organizations, potentially harming the national economy.
Pranav Agarwal, independent director at Jetking Infotrain India – India's first listed company holding Bitcoin in its balance sheet, noted to Decrypt: "Sovereign nations and central banks need to consider Bitcoin as part of a long-term strategic reserve. The profits El Salvador has achieved are clear evidence of the value this strategy can create in a 4-5 year cycle."
Facing International Pressure but Remaining Steadfast
Despite financial success, El Salvador's Bitcoin strategy continues to face international scrutiny. Last week, US senators introduced the 2025 El Salvador Accountability Act, calling for an investigation into Bitcoin usage and considering sanctions. President Bukele posted on X mocking the US legislators for this move.
The International Monetary Fund (IMF) had also pressured El Salvador to adjust regulations, making Bitcoin no longer mandatory in commercial transactions. However, Bukele remains committed to his path, continuing to add Bitcoin to the national balance sheet.
Agarwal believes this will become a "classic case study in global economics." He emphasized that if an independent country and government have support from elected representatives, they will "not face significant internal legal risks."
El Salvador's success is being closely watched by other countries considering adding Bitcoin to their strategic reserves. With Bitcoin reaching new price peaks, Pankaj Balani, CEO of Delta Exchange, predicts: "Breaking through the 119,500-120,000 USD range shows continued buying pressure. If maintained above 122,000 USD, Bitcoin could advance further to the 124,000-125,000 USD threshold."
