El Salvador’s Bitcoin Bet: Stacking Continued for 665 Days—Is This a Winning Strategy?

The post El Salvador’s Bitcoin Bet: Stacking Continued for 665 Days—Is This a Winning Strategy? appeared first on Coinpedia Fintech News

El Salvador has now celebrated three years of Bitcoin as a legal tender and continues its impressive strategy of accumulating the cryptocurrency. El Salvador has been consistently adding 1 Bitcoin to its reserves every day for the last 665 days, regardless of market fluctuations. The government now holds a total of 5,871 BTC, valued at approximately $342 million. Notably, 3,046 BTC were purchased at an average price of $43,888 each. This consistent buying highlights El Salvador’s commitment to Bitcoin as a cornerstone of its financial strategy.