🇸🇻 El Salvador's Strategic Bitcoin Reserve holdings reach new USD all-time high of $740,422,131.

El Salvador's Strategic Bitcoin Reserve holdings have reportedly reached a new alltime high, but the exact figure of $740,422,131 might not be uptodate. According to recent reports, El Salvador's Bitcoin holdings stand at approximately 6,224 BTC, valued at around $658.8 million, with an average purchase price of $105,848 per coin. The country's reserve has grown steadily, thanks to its "one Bitcoin a day" strategy, which aims to accumulate more BTC over time.

Key Highlights of El Salvador's Bitcoin Reserve:

Total Holdings: Approximately 6,224 BTC

Value: Around $658.8 million

Average Purchase Price: $105,848 per coin

Accumulated Profit: Over $344 million in profits since September 2021

El Salvador's commitment to Bitcoin is evident in its continued accumulation strategy, despite the International Monetary Fund's (IMF) concerns and agreements to scale back certain Bitcoinrelated activities. The country's president, Nayib Bukele, remains a strong supporter of Bitcoin, and the nation's Bitcoin reserve has become a symbol of financial innovation.#BTCBreaksATH $BTC