El Salvador has strengthened its position as a global bitcoin leader after purchasing 1,091 BTC during a period of price decline, raising its national reserve to 7,474 coins. According to data from bitcoin.gob.sv, the government invested more than $101 million in the past week, adding a total of 1,098 bitcoins in just seven days. President Nayib Bukele confirmed the latest acquisition with the message “Hooah!”, reflecting the administration’s commitment to long-term accumulation.
The purchase comes as bitcoin trades between $91,000 and $92,000 following a week of market pullbacks driven by global macroeconomic uncertainty. Despite short-term volatility, El Salvador’s strategy remains profitable. When bitcoin reached its all-time high of $126,198 in October, government holdings briefly generated gains of $498.2 million. Even at current prices, the country still maintains profits above $273 million, underscoring the resilience of its approach.
Analysts point out that downturns often present strategic entry points. Experts such as Tom Lee of Fundstrat Capital argue that bitcoin’s fundamentals — including limited supply, post-halving issuance, and rising institutional demand — continue to support long-term growth. These structural advantages are key reasons El Salvador has maintained its steady accumulation policy, regardless of market fluctuations.
This latest expansion of the country’s bitcoin reserves coincided with a significant Bitcoin Week in El Salvador, marked by major developments in the ecosystem. Among the highlights was the announcement that mempool.space will relocate its global headquarters to the country under the name Mempool Holdings. Additionally, U.S. restaurant chain Steak ’n Shake revealed plans to open its first Latin American restaurant in El Salvador, with COO Dan Edwards stating, “We want El Salvador to be the first flag we plant in Latin America.”
By using market downturns to increase its holdings, the Salvadoran Government reinforces a strategy that blends transparency, long-term planning, and confidence in bitcoin’s global role. The latest purchase not only strengthens the national portfolio but also aligns with the growing vision of positioning El Salvador as a leading hub for digital-asset innovation and economic transformation.