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Home»Bitcoin»El Salvador Buys $100 Million in Bitcoin: Global Governments Quietly Joining the Crypto Race
Bitcoin

El Salvador Buys $100 Million in Bitcoin: Global Governments Quietly Joining the Crypto Race

2025-11-18No Comments3 Mins Read
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Key Takeaways

How Much Bitcoin Does El Salvador Own Now?

The country now owns 7,474 BTC, worth approximately $676 million.

Why did the government buy more Bitcoin during a market downturn?

El Salvador follows a long-term accumulation strategy and often buys during dips to maximize future value.


El Salvador has made headlines again as it doubles down on its bold Bitcoin [BTC] strategy.

The country, which in 2021 already became the first in the world to adopt Bitcoin as legal tender, has now made its largest BTC purchase in a single day, acquiring more than $100 million in assets.

El Salvador’s New Bitcoin Purchase

According to At the country’s Bitcoin office, El Salvador bought the massive batch at 6:01 PM ET, bringing its total holdings to 7,474 BTC, worth about $676 million.

The latest purchase included 1,090 BTC, added as Bitcoin briefly fell below $90,000, its lowest price since April.

This opportunistic purchase is in line with the country’s long-term accumulation strategy, which has been purchasing 1 BTC daily since November 2022.

True to its buying pattern during price drops, El Salvador continues to expand its BTC reserves with the same conviction that has influenced other countries to explore their own crypto adoption paths.

President Nayib Bukele further affirmed the country’s commitment by sharing a screenshot of the new purchase on his official X account, saying:

Nayib Bukele on El SalvadorNayib Bukele on El Salvador

Source: Nayib Bukele/X

Bitcoin’s price action and other countries’ Bitcoin plans

His statement comes as BTC is undergoing sharp market turbulence, falling from a high of $125,000 to $91,286.39 at the time of writing, marking a drop of 4.71% in the past day and more than 15% in the past month, according to CoinMarketCap.

See also  Bitcoin: Why Fidelity Calls $65K an 'Attractive Entry Point'

But despite the worrying price action, several countries are not shying away from Bitcoin.

In fact, it is a historic move by the Czech National Bank [CNB] recently completed its first-ever crypto investment, allocating $1 million to Bitcoin, US dollar-backed stablecoins, and a tokenized deposit.

Meanwhile, France has taken an even bolder step.

The conservative UDR party has introduced a landmark bill proposing the creation of a national Bitcoin reserve managed by a special public institution.

The proposal calls for holding 420,000 BTC, an amount large enough to make France one of the largest sovereign Bitcoin holders in the world if approved.

Adding to this growing momentum, Luxembourg is the first country in the Eurozone to officially invest part of its sovereign wealth fund in Bitcoin.

As confirmed by Finance Minister Gilles Roth during the 2026 budget presentation, the country’s sovereign wealth fund [FSIL] has allocated 1% of its portfolio to BTC.

What’s more?

On the other hand, despite years of crackdowns, both Japan and China are now also showing Bitcoin mining evolving in unexpected ways.

The Japanese government-linked renewable energy mining project shows how BTC mining can support rather than burden modern energy grids.

Meanwhile, China’s quiet resurgence to 14% of global hashrate proves that mining there never really died out, but moved underground and adapted.

Taken together, these developments make one thing clear, and that is that even as the market cools, Bitcoin is not losing its charm.

Next: Balancer gets $45.7 million back after $121 million hack, but BAL remains down 24%

See also  Waiting for the Bitcoin Bull Run to Resume? Here is the indicator to watch out for

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