El Salvador's "1 $BTC per day"
El Salvador's "1 Bitcoin per day" investment strategy, initiated in November 2022, has resulted in the accumulation of 5,955 $BTC as of December 2024. With Bitcoin recently surpassing $100,000 per coin, the total value of the country's holdings has surged to over $610.5 million. This marks a significant 126% increase from the approximate $269.7 million El Salvador initially invested, giving the country an unrealized profit of over $340 million.
President Nayib Bukele's decision to make Bitcoin legal tender in 2021 and his subsequent investments have been transformative. Despite criticism from global institutions like the IMF, this strategy has positioned El Salvador as a pioneer in cryptocurrency adoption. The portfolio's growth aligns with Bitcoin's broader rally, driven by favorable macroeconomic factors.
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