#BTC🔥🔥🔥🔥🔥 El Salvador's Bitcoin Treasury Grows $500 Million as Cryptocurrency Rises Sparks Global Debates!!!!!
With around 6,153 bitcoins accumulated since the end of 2021, the country has recorded unrealized gains of over $117 million, according to the Nayib Bukele Portfolio Tracker.
The value of BTC, currently quoted above $80,000, results in an 85% increase in the Salvadoran government's portfolio, which is betting on cryptocurrency as a strategic reserve.
Since November 2022, the Salvadoran government has implemented a strategy of purchasing 1 BTC daily. To date, this tactic has accumulated 727 bitcoins, with an impressive return of 95.7%.
The largest appreciations, however, are associated with purchases made during the BTC bear market in 2022, when 80 bitcoins were acquired for around $19,000 each. These assets are now showing an appreciation of 332.8%, highlighting Bitcoin's potential in times of crisis.