Home El Salvador Expands BTC Holdings With $100M Purchase

El Salvador Expands BTC Holdings With $100M Purchase

Share
El Salvador Expands BTC Holdings With $100M Purchase | 3verseTV
Share

El Salvador has added 1,098 Bitcoin worth about $100 million to its reserves, bringing its total holdings to 7,474 BTC.

President Nayib Bukele celebrated the purchase on X, reinforcing the country’s long-term accumulation strategy despite market weakness. The government continues buying one Bitcoin per day to reduce its average cost over time.

Officials say the goal is to promote financial independence and reduce reliance on the U.S. dollar, even though adoption of Bitcoin as legal tender remains slow among citizens.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Goldman Sachs Warns US Election Results Could Put 45% Of Data Centre Expansion At Risk
News

Goldman Sachs Warns US Election Results Could Put 45% Of Data Centre Expansion At Risk

Political uncertainty could threaten 45% of planned US data centre expansion. US data centre power demand could rise from 31 GW in...

OCC Unveils First AI Framework For Banks As Rogue Agents Raise Security Fears
News

OCC Unveils First AI Framework For Banks As Rogue Agents Raise Security Fears

US banking regulator introduces its first supervisory framework for assessing AI risks in banking. Fully autonomous payment agents fall into the framework’s...

Mercado Bitcoin To Reopen Customer Accounts In Phases, Promises To Cover Hack Losses
News

Mercado Bitcoin To Reopen Customer Accounts In Phases, Promises To Cover Hack Losses

Brazilian cryptocurrency exchange Mercado Bitcoin will begin restoring customer account access on Monday following a security breach involving more than $46 million...

Aave V4 Accepts Tokenized SpaceX Stock As Collateral For USDC Loans On Base
News

Aave V4 Accepts Tokenized SpaceX Stock As Collateral For USDC Loans On Base

Aave V4 has added SPCXc, a Coinbase tokenized asset linked to SpaceX, as collateral in its lending market on the Base blockchain....

Related Articles

Best Crypto Trading Bots In 2026

Running a crypto trading strategy manually can be challenging when markets are...

Reasons Why The U.S. Tops AI Agent Commerce

The concept of agentic commerce where agents can purchase digital services and...

Do You Need A Cryptocurrency Trading Bot?

The crypto market never closes. Bitcoin can move while you are sleeping,...

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...