| Entity | Country | Filings & Sources | # of BTC | Value Today | % of 21m |
|---|---|---|---|---|---|
| El Salvador |
|
Filing | News | 5,748.8 | $558,418,138 | 0.027% |
How Much Bitcoin Does El Salvador Own?
El Salvador owns 5,748.8 bitcoins as of Sept. 17, 2024. The country is constantly buying, and adds more bitcoins to its holdings every so often.
What is El Salvador's Average Bitcoin Price on Purchases?
As of July 21, 2022, El Salvador has purchased 2,381 bitcoins at an average price of $43,357 USD.
The country announced that it now owns 5,748.76 BTC in May 2024. El Salvador has stated they accuire BTC through daily purchases and mining.
Here is the purchases history for the publicly known buys:
| Purchase Date | Bitcoins | Cost per Bitcoin | Total Invested |
|---|---|---|---|
| June 30, 2022 | 80 | $19,000 | $1,520,000.00 |
| May 9, 2022 | 500 | $30,744 | $15,372,000 |
| Jan 21, 2022 | 410 | $36,585 | $15,000,000 |
| Dec 21, 2021 | 21 | $49,220 | $1,033,620 |
| Dec 3, 2021 | 150 | $48,670 | $7,300,500 |
| Nov 26, 2021 | 100 | $54,815 | $5,481,500 |
| Oct 27, 2021 | 420 | $60,622 | $25,461,240 |
| Sept 19, 2021 | 150 | $42,843 | $6,426,450 |
| Sept 7, 2021 | 150 | $46,091 | $6,913,650 |
| Sept 6, 2021 | 400 | $46,811 | $18,724,400 |
| Totals | 2381 | $43,357 | $103,233,360 |
According to the president, El Salvador has never sold any BTC.
Why Did El Salvador Buy Bitcoin?
El Salvador's president Bukele recently tweeted:
Bitcoin is the future!
El Salvador is currently very reliant on the US Dollar and seems intent on branching out to alternative forms of currency. Only 29% of the country has a bank account. Using Bitcoin allows nearly every citizen to have a digital form of payment without the need for a bank account.
What is the El Salvador Bitcoin Bond?
El Salvador planned to launch a bond based around Bitcoin. However, it's delayed and has not launched yet.
What's the Bitcoin Price in El Salvador?
The price of Bitcoin in El Salvador can be checked here.
El Salvador Purchase History
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