The El Salvador Bitcoin Office recently announced on platform X that it has added $1 million worth of Bitcoin to its strategic reserves. This move has drawn widespread attention from the market.
According to on-chain data analysis, at 8:07 AM Beijing time this morning, El Salvador's official wallet address completed a Bitcoin transaction worth $1.07 million, purchasing a total of 11 Bitcoins. This operation demonstrates El Salvador's proactive strategy in digital currency reserves.
Although the market's reaction to this news has been mixed, the data suggests that El Salvador's actions may have a certain impact on the country's Bitcoin market capitalization ranking.