The latest tweet from the Bitcoin Office of El Salvador shows that the country's Bitcoin holdings have reached 6258.18 coins, with a total value rising to 718 million dollars based on the current unit price of approximately 114,700 dollars.
As the first country in the world to make Bitcoin legal tender, El Salvador has been continuously increasing its holdings since September 2021. According to on-chain data, its initial purchase cost was about 480 million dollars, and based on the current market value, it has an unrealized gain of about 238 million dollars, with a yield of nearly 49.6%.
In terms of accumulation pace, when Bitcoin's price adjusted to the 16,000 dollar range in 2023, the country had increased its holdings by over 500 coins in a single month, demonstrating a 'buying on dips' strategy. Currently, with 6258 coins, it ranks second in Bitcoin reserves among sovereign nations, only behind Ukraine (approximately 9800 coins), far exceeding the official holdings of other countries.
