The post El Salvador’s Bitcoin Accumulation Accelerates, Stacking 1.6 BTC Daily appeared on BitcoinEthereumNews.com.

In a stunning turn of events in the sphere of cryptocurrency, El Salvador has significantly amplified its Bitcoin buy-up. The ramp-up began on December 22, 2024, and has seen the Central American country take its near-daily Bitcoin acquisition from 1 BTC to an almost 1.6 BTC daily buy-rate event. El Salvador seems intent on doubling down with this “dash” in Bitcoin, which continues to serve as an emblem of its broader financial strategy and a marker of its indefatigable commitment to being the first country to adopt Bitcoin as legal tender. El Salvador’s Growing Bitcoin Reserves By February 2025, El Salvador’s Bitcoin holdings had ballooned, with the Central American country now amassing a total of 6,081 BTC, 583.9 million, give or take, at current prices. In just the past few weeks, the government has added 93.417 BTC to its balance sheet, scooping up the digital asset at an average price of 98,579 dollars. The nation has been buying, like there’s no tomorrow. And in varying amounts, too—a little here, a little there. From 1 BTC to 11 BTC, it’s quite the “don’t blink or you’ll miss it” scenario. Accumulation these days seems nonstop, especially when compared to the earlier phases of El Salvador’s Bitcoin purchase strategy—phases that look anything but intense when viewed through the lens of today’s Bitcoin firehose. No longer just 1 $BTC per day—El Salvador is now stacking ~1.6 $BTC daily! Since December 22, 2024, this government appears to have ramped up its Bitcoin purchases, accumulating 93.417 $BTC at an average price of $98,579—ranging from 1 BTC to 11 BTC per day. Current holdings:… pic.twitter.com/qQHW5nOmUy — Spot On Chain (@spotonchain) February 18, 2025 El Salvador’s Bitcoin plan is a significant part of the global dialogue about adopting Bitcoin. While the macroeconomic landscape looks very uncertain, the government…

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Filed under: News - @ February 19, 2025 7:20 am