El Salvador has been buying 1 Bitcoin daily since March 2024, now holding approximately 5.8k BTC, valued over $357 million. This buying spree has added over 150 BTC in the past five months alone.

The country, under President Nayib Bukele's leadership, began purchasing Bitcoin in 2021 and passed Bitcoin-friendly legislation, making it legal tender. El Salvador has become a crypto hub, attracting interest from investors and promoting crypto tourism. It has also ventured into crypto mining using geothermal energy.

The government is furthering its commitment to Bitcoin with a new education program for 80,000 public servants and incorporating cryptocurrency into school curricula. This move reflects a broader trend of recognizing Bitcoin as a store of value, as seen with companies like MicroStrategy and Metaplanet investing heavily in Bitcoin as a hedge against inflation.

MicroStrategy, for example, has made Bitcoin its primary treasury asset, holding over $4.84 billion worth. Metaplanet in Japan has also invested significantly in BTC. El Salvador's approach could inspire other nations to adopt similar strategies for economic stability and investment attraction, although the inherent volatility of Bitcoin requires careful risk management. If successful, El Salvador might set a precedent for wider global Bitcoin adoption.