Archive · 19 Nov 2025
El Salvador Boosts Bitcoin Reserves Amid Market Dip
El Salvador, the first country to adopt Bitcoin as legal tender, bought a lot of Bitcoin when its price dropped.
This increased their total Bitcoin holdings to over 7000.
Bitcoin's price went down because investors are worried about risks and other markets are unstable.
El Salvador bought Bitcoin worth nearly $100 million in a single day
The country's total Bitcoin holdings increased to 7474.37 BTC
President Nayib Bukele announced the purchase on social media
Bitcoin's price dropped below $90,000 for the first time in seven months
El Salvador adopted Bitcoin as legal tender in June 2021
- Who
- El Salvador, led by President Nayib Bukele
- What
- Bought Bitcoin
- When
- Over the past seven days, with a significant purchase on Monday
- Where
- In El Salvador
- Why
- To increase its Bitcoin reserves
Supporters of El Salvador's Bitcoin Strategy
Critics of El Salvador's Bitcoin Strategy
Bitcoin Price Fluctuation
Supporters of El Salvador's Bitcoin Strategy
See opportunities in price drops to accumulate more Bitcoin
Critics of El Salvador's Bitcoin Strategy
Worry about the volatility and potential losses when prices drop
- Total Bitcoin Holdings
- 7474.37 BTC
- Bitcoin Price at Purchase
- < $90,000
- Bitcoin's Peak Price
- > $126,000 in October 2022
- Bitcoin's Current Price
- < $90,000
