🇸🇻 El Salvador continues to play the long game: an additional 8 BTC added to reserves
While the market fluctuates between 'time to fix' and 'HODL forever', El Salvador simply takes and adds another 8 BTC to its state reserves. The country now holds 6,228.18 BTC worth approximately ~$674 million.
🪙 It may seem that 8 BTC is 'just a drop in the bucket' compared to the thousands passing through ETFs daily. But here, the volume is not what matters, but the principle:
🔹 The state → regularly purchases Bitcoin
🔹 Strategy → '1 BTC a day' as a symbolic signal
🔹 Message to the market → 'We are here for the long haul'
In an age when even some L1 projects cannot withstand 8 quarters, El Salvador demonstrates what a true institutional holder looks like.