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El Salvador, Central America’s smallest and most densely populated country, has been steadily growing its Bitcoin reserves, reaching 5,997.77 BTC (worth approximately $595 million) with its latest purchase on Christmas Day. Despite pressure from the International Monetary Fund (IMF) to scale back its Bitcoin agenda, El Salvador has ramped up acquisitions, buying one Bitcoin daily since December 21. Stacy Herbert, director of El Salvador’s Bitcoin Office, hinted at even bigger plans for 2025.
El Salvador and Bhutan are among the few nations using Bitcoin reserves strategically. Bhutan’s reserve, mined since 2019, holds 11,688 BTC (valued at $1.16 billion) and contributes significantly to its GDP. Other countries, like the U.S. and U.K., hold larger Bitcoin stashes—198,109 BTC ($19.68 billion) and 61,245 BTC ($6 billion), respectively—mostly from criminal seizures, often intended for resale.
El Salvador’s Bitcoin strategy reflects its commitment to digital assets, challenging traditional financial norms and potentially setting a global precedent. Whether this approach is visionary or risky remains to be seen, with the world watching closely as 2025 approaches.
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