El Salvador records profits with Bitcoin of more than 350 million dollars

With the price increase that Bitcoin (BTC) has had to more than USD 105,000, the president of El Salvador, Nayib Bikele, published in his X account an image that shows the unrealized profits of the Central American country.

The president showed that El Salvador – who currently has a national treasury of more than 6,100 BTC, according to data from the Bitcoin National Office— records profits not made in bitcoin of around USD 360 millionaccording to the Dropstab explorer.

It should be noted that the term “unrealized” means that profits in Bitcoin have not been completed, since for this the government should sell their holdings in the asset to dollars. But, far from that, the Government does not have the objective of making benefit, but continuing to hyodleando (maintaining in the long term) and accumulating more holdings with recurrent purchases.

At the moment, The reserve that El Salvador in Bitcoin has is valued at almost USD 644 millionaccording to the current price of the digital currency around the USD 105,000.

This can be seen in the following graphic that Bukele shared:

El Salvador keeps its strategy for buying Bitcoin

At the end of 2022, the first country to declare Bitcoin as legal tender launched A strategy based on the daily purchase of 1 BTC. With some exceptions, this policy has been maintained until today, even within the framework of an agreement with the IMF that includes restrictions on new cryptoactive acquisitions and its gradual withdrawal from the public sector.

It is important to note that the agreement with the International Monetary Fund (IMF) had generated skepticism among some adherents to the creation of Satoshi Nakamoto, since they feared that the restrictions imposed by the agency could stop the Bitcoin accumulation strategy of El Salvador.

However, despite these concerns, government figures such as Stacy Herbert, director of the Bitcoin National Office, made it clear that daily purchases would continue, reaffirming the country’s commitment to a long -term vision.

All this happens in a context of growing global interest in Bitcoinsince several states in Europe and Latin America have begun to consider the creation of Satoshi as part of their strategic reserves, following the pioneering example of El Salvador. The most emblematic case is that of the United States, which at the beginning of March created a BTC treasury, with seized holdings of illegal cases.

With the continuous accumulation of Bitcoin of the Central American country, El Salvador continues to consolidate its place as a Bitcoin investor and a global study case on its policies in this market.

In addition to investing in the digital currency, the nation governed by Bukele He has also promoted educational initiatives to support adoption of Bitcoin. A recent sample is the incorporation of a section dedicated exclusively to BTC within the National Library (Binaes), a modern building inaugurated in the late 2023.

According to cryptootics, this space allows visitors not only access a careful selection of Bitcoin booksbut also to observe a complete node in operation, accompanied by detailed information about its role within the network.

Part of the Bitcoin value comes from its scarcity and scheduled broadcast, since only 21 million units will exist and its creation rhythm is automatically reduced every four years through events known as halvings. To this is added its decentralized character: it does not depend on governments or central institutions, but it works through a global network of nodes and miners that validate transactions in a transparent and safe way.

These combined elements have led different actors such as El Salvador to consider Bitcoin as a solid form of long -term value reserve, a strategy that is giving profits for the moment.