El Salvador Expands Bitcoin Holdings by 1,090 BTC, Reaching 7,474.37 BTC (Over $686 Million)
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Change: $3,023.45 (4.41%)
-0.0023%
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COINOTAG News, citing the Salvadoran Ministry of Finance, reports a fresh uptick in El Salvador’s BTC holdings. The treasury added 1,090 BTC, roughly $100 million at current prices, lifting the total to 7,474.37 BTC. The update arrived about one hour ago, reflecting ongoing sovereign appetite for digital assets amid volatile crypto markets.
From a risk-management lens, the incremental purchase signals a deliberate strategy to bolster cryptocurrency reserves and diversify foreign exchange exposure. The move may influence custody arrangements and liquidity planning, while staying aligned with the government’s long-run crypto asset policy.
At current valuations, El Salvador’s stake translates to just over $686 million in market value, a scale that stakeholders will monitor for regulatory clarity and macro implications. The data underscores institutional-grade participation in Bitcoin reserves and ongoing sovereign crypto adoption.