El Salvador's Bitcoin Reserve Hits New All-Time High Exceeding $740 Million

Jul 13, 2025, 4:04:18 PM UTC(19 days ago)

Impact: High

JUST IN: 🇸🇻 El Salvador's Strategic Bitcoin Reserve holdings reach new USD all-time high of $740,422,131. https://t.co/qCXlEFdF2i

El Salvador's strategic Bitcoin reserve has reached a new all-time high, valued at over $740,422,131.
This milestone represents a significant unrealized gain on the nation's Bitcoin investments, which were acquired with an initial outlay of approximately $291 million.
The country has amassed over 6,233 BTC in its treasury, with consistent daily purchases since November 2022.
El Salvador became the first country globally to adopt Bitcoin as legal tender in 2021, a move championed by President Nayib Bukele.
Market observers note that discussions by Federal Reserve officials regarding potential interest rate cuts could further influence Bitcoin's price, impacting the reserve's value.

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