In 2021, El Salvador made history as the first country in the world to adopt Bitcoin as legal tender, marking a bold step in integrating cryptocurrency into its national economy. President Nayib Bukele, a vocal advocate for Bitcoin, has been a driving force behind this initiative, championing the potential of digital currency to revolutionize financial systems and boost economic inclusion.
Since November 2022, the El Salvadoran government has implemented an ambitious “1 Bitcoin per Day” program, committing to purchasing 1 BTC daily, irrespective of its market price. This consistent acquisition strategy underscores the country’s long-term belief in Bitcoin as a strategic asset and positions El Salvador as a global leader in cryptocurrency adoption.
As a result of these efforts, El Salvador now holds an estimated 5,800 Bitcoin, reflecting its proactive approach to leveraging digital assets for economic innovation and resilience.
