Since November 17, 2022, El Salvador has been steadily buying one bitcoin per day to reinforce its national reserves, a strategy first announced by President Nayib Bukele. Bitcoin Magazine recently highlighted this ongoing effort, reminding the public that “El Salvador has been buying one #Bitcoin per day since November 17, 2022.”
Data from Arkham Intelligence estimates that the country currently holds around 6,288.18 BTC, valued at approximately $697 million at today’s market prices. This consistent accumulation reflects a long-term vision to establish a strong and strategic reserve.
In line with global advances in cybersecurity, the National Bitcoin Office recently reorganized the country’s holdings into 14 separate addresses, each capped at 500 BTC, to further enhance the security of its reserves.
The move demonstrates El Salvador’s commitment to safeguarding its digital assets while continuing to lead as a pioneer nation embracing Bitcoin as a core element of its financial strategy.