🇸🇻💰 Big news from El Salvador! 💰🇸🇻

President Nayib Bukele has revealed that El Salvador has significantly bolstered its Bitcoin holdings by moving over 5,000 BTC into a cold wallet – doubling the country's known stash of the digital asset! 💼🔒

Describing it as "a big chunk," Bukele proudly showcased the new setup, dubbing it "our first #Bitcoin piggy bank." 🐷💼 This cold wallet, safely stored in a physical vault within the nation's borders, now houses an impressive 5,689.68 BTC, valued at a whopping $411 million at current prices! 💰🔐

This revelation shatters previous estimations of El Salvador's Bitcoin treasury, with public trackers previously placing it at less than 3,000 BTC. 📈🌐 Bukele hinted earlier this week that the country's Bitcoin acquisition methods extended beyond simple purchases, including passport sales, currency conversions, mining, and government services. 💡💼

This move marks the first time El Salvador has tied its holdings to a specific address, showcasing the transparency and confidence in their Bitcoin strategy. 🚀🔍 Since becoming the first country to adopt Bitcoin as a treasury asset in September 2021, El Salvador's holdings have skyrocketed in value, reflecting the asset's meteoric rise in price. 📈💥

The majority of the Bitcoin transferred to El Salvador's cold wallet originated from Bitfinex, highlighting the country's strategic approach to managing its digital assets. 🔄💼

With this bold move, El Salvador solidifies its position as a global leader in Bitcoin adoption, paving the way for other nations to follow suit! 🌐🚀 #BitcoinRevolution #CryptoLeadership 🇸🇻💪