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bitcoin
Bitcoin (BITCOIN)
$89,673 -5.48%
ethereum
Ethereum (ETHEREUM)
$2,982 -6.31%
binancecoin
BNB (BINANCECOIN)
$903.99 -2.77%
solana
Solana (SOLANA)
$135.46 -3.70%
ripple
XRP (RIPPLE)
$2.15 -4.79%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000009 -3.07%
pepe
Pepe (PEPE)
$0.000005 -2.71%
bonk
Bonk (BONK)
$0.000010 -4.48%
bitcoin
Bitcoin (BITCOIN)
$89,673 -5.48%
ethereum
Ethereum (ETHEREUM)
$2,982 -6.31%
binancecoin
BNB (BINANCECOIN)
$903.99 -2.77%
solana
Solana (SOLANA)
$135.46 -3.70%
ripple
XRP (RIPPLE)
$2.15 -4.79%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000009 -3.07%
pepe
Pepe (PEPE)
$0.000005 -2.71%
bonk
Bonk (BONK)
$0.000010 -4.48%
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El Salvador Adds 1098 Bitcoins in a Week, Total Holdings Hit 7,474 BTC

Highlights:

  • El Salvador adds 1,098 Bitcoins worth $101.14 million in one week.
  • The country now holds 7,474.37 tokens, valued at approximately $688.4 million.
  • Despite Bitcoin’s current dip, El Salvador’s government acquired 1,121.19 BTC over the past month.  

El Salvador’s government has expanded its Bitcoin holdings with a fresh investment worth roughly $101.14 million. Data from the nation’s Ministry of Finance showed that El Salvador accumulated 1,098.19 BTC in the past seven days, increasing its entire BTC holdings to 7,474.37 tokens, valued at approximately $688.4 million. 

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Over the past month, the El Salvador government purchased 1,121.19 BTC, highlighting its consistent buying approach. Lookonchain, a renowned on-chain crypto transaction tracker, also reported the purchase.“On top of its daily 1 BTC purchases, the El Salvador government just bought an extra 1,090.19 $BTC ($101 million) an hour ago,” the on-chain tracker stated.

El Salvador Continues to Demonstrate Strong Faith in Bitcoin

On September 7, 2025, El Salvador celebrated the fourth year of its Bitcoin legal tender law.  The nation’s President, Nayib Bukele, marked the milestone with the acquisition of 21 BTC, symbolizing Bitcoin’s 21 million supply cap. The move also highlights the government’s desire to grow its crypto reserves despite tensions with international lenders. The nation officially approved Bitcoin as a legal tender in September 2021. So far, it has established itself as a leading Bitcoin pioneer in the global crypto space.

In August this year, El Salvador announced plans to integrate Bitcoin banking into its growing economy. If approved and implemented, it will allow the nation’s citizens to deposit, borrow, and invest using Bitcoin. The plan will build on President Nayib Bukele’s proposal to establish a  Bank for Private Investment (BPI).

El Salvador’s U.S. ambassador, Milena Mayorga, described BPIs as having fewer rules than conventional banks, making it easier to work with offshore banks and offer larger loans. President Bukele’s senior Bitcoin advisor, Max Keiser, said integrating Bitcoin into El Salvador’s banking system will significantly boost the nation’s economy. 

Max stated:

“Bitcoin continues its unstoppable vector in El Salvador. Bitcoin is eating all the world’s $400 trillion in stored value while rendering inert all the central banks & their doomed, archaic, 3-letter agency helpers.” 

Bitcoin’s Price Continues to Dip Despite Accumulations

At the time of press, the crypto market is 4.2% down in the past 24 hours with a trading volume of $240.002 billion and a market cap of roughly $3.18 trillion. Within the same timeframe, Bitcoin dropped 5.1%, trading at $90,107 with a market cap of $1.798 trillion and a trading volume of approximately $110.95 billion.

In the past week, Bitcoin dipped 15.3%, with price extremes fluctuating between $89,455.50 and $105,704. BTC’s 14-day-to-date and month-to-date variables also reflected declines of about 15.7% and 16%, respectively. 

Source: CoinGecko

On Coincodex, Bitcoin’s supply inflation is low at 0.85%, with a high volatility at 5.29%. Currently, BTC is trading below its 200-day Simple Moving Average (SMA). Additionally, 74% of the top 100 cryptocurrencies have outperformed Bitcoin, underscoring its recent price struggles.

Despite BTC’s recent poor run, faith in the asset has remained strong. Yesterday, Michael Saylor, Strategy’s co-founder, announced that the company added 8,178 BTC worth $835.6 million. The company currently holds 649,870 BTC, valued at roughly $48.37 billion. Harvard University also recently increased its Bitcoin exchange-traded fund (ETF) holdings by 257%. The educational institution now holds  6,813,612 IBIT shares worth approximately $442.8 million.

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