El Salvador Sticks With ‘One Bitcoin a Day’ Purchase: Has Nayib Bukele

El Salvador’s national Bitcoin(CRYPTO: BTC) holdings have surpassed $600 million as the country continues its policy of buying one BTC every day.

El Salvador Maintains Steady Accumulation

The latest purchase boosted the national stockpile to 7,762.37 BTC, worth $602.84 million at current prices. This makes it the country with the fifth-largest BTC reserves, accordingto bitcointreasuries.net.

El Salvador, under President Nayib Bukele, has bought one Bitcoin every day throughout 2026, despite the apex cryptocurrency’s underwhelming price action.

Notably, El Salvador scooped over 1,000 BTC—valued at $98 million—in a single day in November of last year, taking advantage of a significant dip in the asset’s price.

As of this writing, the country recorded an unrealized profit of $167.82 million on its BTC cache

The ‘Bitcoin Country’ Marches on

El Salvador became the first nation to recognize Bitcoin as legal tender in 2021, positioning itself as a trailblazer in digital currency adoption.

The country has since stepped up efforts in integrating the asset into its education, public administration and economic infrastructure.

Bukele admitted in 2024 that Bitcoin adoption hadn’t delivered the strong results he had hoped for.

The International Monetary Fund required El Salvador to halt public sector Bitcoin purchases as part of a $1.4 billion funding deal last year. While the country tweaked its Bitcoin law and made the acceptance of Bitcoin voluntary rather than mandatory, it hasn’t stopped its purchases.

Price Action: At the time of writing, BTC was trading at $77,482.98, down 1.76% in the last 24 hours, according to data from Benzinga Pro.

Photo Courtesy: Joey Sussman on .com

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred

Source: www.benzinga.com