Golden Finance reported that, according to Arkham Intelligence, El Salvador currently holds over 6,237 Bitcoins, with a total value exceeding $762 million. This news comes against the backdrop of Bitcoin’s price surpassing $122,000 on Sunday, further proving the Bukele government’s decision to designate Bitcoin as legal tender in 2021, despite facing strong criticism and warnings from institutions such as the International Monetary Fund (IMF) at that time.
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The total value of El Salvador's Bitcoin reserves has exceeded $760 million.
Golden Finance reported that, according to Arkham Intelligence, El Salvador currently holds over 6,237 Bitcoins, with a total value exceeding $762 million. This news comes against the backdrop of Bitcoin’s price surpassing $122,000 on Sunday, further proving the Bukele government’s decision to designate Bitcoin as legal tender in 2021, despite facing strong criticism and warnings from institutions such as the International Monetary Fund (IMF) at that time.