El Salvador
governmentSV
Website
First acquired: September 2021
Bitcoin Holdings
₿2,800
5.70%
USD Value
$168,000,000
% of Total Supply
0.0133%
About
First country to adopt Bitcoin as legal tender, continues to add to its national reserves.
Acquisition Strategy
El Salvador became the first country to adopt Bitcoin as legal tender in September 2021. The government has established a policy of regularly purchasing Bitcoin for its national reserves, often announcing purchases during market dips. The country also operates the Chivo wallet system for citizens and has invested in Bitcoin mining powered by volcanic energy.