El Salvador Adds 8 More Bitcoins to National Reserves

El Salvador has quietly grown its Bitcoin stash once again. According to PANews, the country purchased an additional eight Bitcoins last week, bringing its total holdings to 6,263.18 BTC. At current prices, that’s worth around $738.5 million.

This move is part of El Salvador’s ongoing strategy to strengthen its position as the first country in the world to adopt Bitcoin as legal tender. The steady accumulation shows the nation’s continued confidence in the cryptocurrency, even amid market ups and downs.