#MyStrategyEvolotion MyStrategyEvolution $BTC
##BTC120kVs125kToday Sovereign bitcoin reserves could become a long-term strategy for countries as El Salvador's gains show multi-year value, according to Decrypt. In short, bitcoin's surge above $122,000 has pushed El Salvador's holdings to more than $760 million, nearly triple the country's estimated base cost of $42,000. With more than 6,200 BTC on its books, the country now has one of the world's most valuable sovereign cryptocurrency reserves. Despite pressure from the IMF and U.S. scrutiny, President Bukele continues to add bitcoin, blasting critics and defending the country's pro-crypto stance. President Nayib Bukele's bet on bitcoin is paying off as El Salvador's crypto holdings have surged past $760 million as the digital asset surpassed $122,000 on Sunday, confirming a strategy previously dismissed by global financial institutions as reckless. The Central American nation now holds more than 6,237 Bitcoins worth over $762 million, according to Arkham Intelligence data. El Salvador's strategic Bitcoin reserve exceeds $750 million, with Bitcoin trading at $122,121, up 3.7% in 24 hours, according to CoinGecko data. The country's estimated base cost of $42,000 means its holdings have nearly doubled in value, generating paper profits that dwarf many traditional government investments. In 2021, President Nayib Bukele's administration legalized Bitcoin and began accumulating assets during market lows, enduring harsh criticism, diplomatic tensions, and a massive sell-off before the market shifted in El Salvador's favor. "Governments and central banks should consider Bitcoin as part of their long-term strategic reserves," Pranav Agarwal, an independent director at Getking Infotrain India, the country's first publicly listed Bitcoin bond company, told Decrypt. “El Salvador’s gains in market capitalization are a clear indicator of how this approach can gain value over a four-to-five-year period,” he added. “This will become a case study in the global economy.” “Just salty”: El Salvador’s President Bukele mocks Senate Democrats over Bitcoin scrutiny El Salvador’s President Nayib Bukele defended his country’s pro-cryptocurrency policies and mocked foreign leaders again on the X platform this week, with US Democratic senators the latest to target him.In a brief post on Twitter on Tuesday, Bukele mocked a bill introduced in June by Senators Tim Kaine (Virginia), Chris Van Hollen (Maryland), and Alex Padilla (California) to investigate his country's use of cryptocurrencies and consider sanctions. "Hahahahaha Democrats are idiots," Bukele wrote. Hahahahaha... News July 2025. Addressing the potential risks, Agrawal said, "As an independent country, if the government has the support of elected representatives, it does not face material internal regulatory risks." However, El Salvador's strategy regarding Bitcoin continues to face international scrutiny. Last week, Bukele mocked US senators who introduced the El Salvador Accountability Act of 2025, a bill aimed at investigating the country's use of Bitcoin and considering sanctions. While the International Monetary Fund previously pressured El Salvador to roll back parts of its crypto law, leading to a reversal that made accepting Bitcoin optional for businesses, Bukele remains undeterred, continuing to add Bitcoin to the national balance sheet. With Bitcoin hitting new highs, traders are closely monitoring key levels for signs of further momentum."The price breaking above the $119,500-120,000 range, supported by high trading volume, reflects continued buying interest," Pankaj Balani, CEO and co-founder of Delta Exchange, told Decrypt. "A sustained rally above $122,000 could pave the way for a move towards the $124,000-125,000 range."
