The post El Salvador Crosses Bitcoin Holdings Over $760 Million appeared first on Coinpedia Fintech News
El Salvador’s Bitcoin (BTC) holdings have skyrocketed, crossing $760 million as the value of BTC surpassed $122,000 over the weekend. Despite enduring the failure of Bitcoin as legal tender in 2021, the country continued to buy holdings in digital assets. Several industry leaders and sovereign powers criticized El Salvador’s planning, which has now shaped into a fruitful investment.
Despite Previous Criticism, El Salvador’s Bitcoin Stash Tops $760 Million
Currently, El Salvador holds over 6,237 BTC, making the nation one of the most valuable sovereign crypto reserves in the world. In early 2025, the country removed its regulation of Bitcoin as legal tender after facing harsh criticism.
Several critics blamed El Salvador’s poor policy-making for the country’s sovereign debt. Additionally, the International Monetary Fund (IMF) urged El Salvador to limit its Bitcoin ambitions.
However, despite enduring objections, President Nayib Bukele’s administration continued to buy Bitcoin as a sovereign asset. The activity, which was once condemned, is now appearing as a remarkable outcome for the country as it holds over $762 million worth of BTC in the sovereign strategic Bitcoin reserve.
El Salvador: A Trailblazer for Strategic Bitcoin Reserve
Pravanv Agarwal, independent director at Jetking Infotrain India, is one of the several entities acknowledging El Salvador’s BTC hit. He encouraged other countries to consider Bitcoin as part of their long-term strategic asset. He said, “The mark-to-market gains by El Salvador are a great indicator of how this approach accrues value over a rolling four-to-five-year period.”
Agarwal added, El Salvador’s president holds the support of its elected representatives, which is why this Bitcoin surge became possible. Countries that previously hesitated in regulating a national strategic bitcoin reserve can now follow the lead of El Salvador to reach high ends in terms of cryptocurrency.
Final Thought
Cryptocurrency is a volatile digital asset, but as of July 2025, Bitcoin remains on solid ground. Industry experts say, if this surge continues, Bitcoin value would reach $124,000–$125,000 in the coming days, and countries could cherish their holdings just like El Salvador. The country remained unfazed by all the condemnation and resulted in 3x Bitcoin holdings in 2025.
