El Salvador bought one more Bitcoin for its strategic Bitcoin reserve, bringing its total holdings to 7,807 BTC, according to a post by Bitcoin Magazine on X. The update points to another incremental addition to the country’s state-backed Bitcoin position. El Salvador made Bitcoin legal tender in September 2021 and has since continued to build a national-level holding through the government. That stockpile is referred to as the country’s strategic Bitcoin reserve. The latest purchase keeps that reserve growing, though the post did not provide additional transaction details beyond the size of the buy and the updated total.
Bitcoin Magazine said in a post on X that El Salvador purchased one more Bitcoin for its strategic Bitcoin reserve today, taking the country’s total holdings to 7,807 BTC.
El Salvador made Bitcoin legal tender in September 2021. Since then, the government has continued to build a national-level Bitcoin position, with that reserve described as its strategic Bitcoin reserve.
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