El Salvador's sovereign Bitcoin holdings have grown to 7,727 BTC, valued at roughly $502 million, according to the Bitcoin Reserve Tracker. The Central American nation continues its policy of acquiring one Bitcoin daily, a practice in place since November 2022.
The accumulation strategy means El Salvador is building a national Bitcoin reserve independent of traditional foreign exchange holdings. At the current price, the country's per-coin average cost sits above current market levels, meaning the portfolio remains underwater on a weighted-average basis.
El Salvador became the first nation to adopt Bitcoin as legal tender in September 2021 under President Nayib Bukele. The daily purchase cadence began in November 2022 and has proceeded without interruption since. The country has acquired Bitcoin through both market purchases and via mining operations powered by volcanic geothermal energy, though recent additions have come primarily through direct market buys.
The 7,727 BTC position places El Salvador among the largest institutional Bitcoin holders globally, though the treasury remains substantially smaller than holdings by private firms like Marathon Digital or Microstrategy. El Salvador's stated goal is to eventually accumulate 1 million Bitcoin, a target that would require centuries of daily 1 BTC purchases at the current rate.
Sovereign Bitcoin adoption outside El Salvador remains limited. Several other nations have explored or proposed national Bitcoin reserves, including a controversial bill in the United States Congress, but no other government has implemented a sustained acquisition program comparable to El Salvador's.
The reserve tracker shows El Salvador's average acquisition price at roughly $65,000 per coin. Bitcoin's recent movements have left the portfolio down roughly 23 percent from peak valuations recorded in late 2024. If El Salvador maintains its daily purchase cadence at current prices, the nation would add roughly 365 Bitcoin annually to its holdings.
