The post Nayib Bukele Reveals Massive $470 Gain in El Salvador’s Bitcoin Hoard appeared on BitcoinEthereumNews.com.

Nayib Bukele Reveals Massive $470 Gain in El Salvador’s Bitcoin Hoard
The Bitcoin reserves of El Salvador report an unrealized gain of $470 million.
The long-term Bitcoin purchasing strategy conducted by Bukele pays off in high rewards.
Its success brings about international interest in national crypto stores.
El Salvador’s bold Bitcoin gamble is paying off. A screenshot of the country’s Bitcoin reserve, shown by President Nayib Bukele, startled the world. According to the data, there was a profit of $470 million that had not been realised.  This is a dramatic statistic highlighting the increasing prosperity of the country in cryptocurrency. The important event that occurred in the year 2021 was when El Salvador took the forward-thinking decision to recognise Bitcoin as a kind of legal currency. Since then, the government has been buying Bitcoin aggressively.  Bukele is going a different way: he buys when the price drops and waits to be long-term. This patience is now yielding eye-popping gains. How El Salvador’s Bitcoin Reserve Skyrocketed Source –  X A reserve of more than $760 million was displayed by the president of Bukele in his message on X. He bought more than 6,200 Bitcoins, averaging at 42000 dollars per unit.  As a result of the recent price spike of Bitcoin, which is currently above 120000 dollars, the value has nearly tripled in recent circumstances. Since proclaiming Bitcoin to be a legal tender, El Salvador has maintained a profit margin of more than 120 percent, and the country’s initial Bitcoin reserve was 500 BTC. The nation’s crypto holdings are among the biggest Bitcoin reserves held by governments in the world. This is a testimony to the audacious financial strategy of Bukele. This unrealized profit of 470 million dollars makes El Salvador a leader in the national investment in…

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Filed under: News - @ August 14, 2025 10:28 pm