Bukele’s Bitcoin Bet: El Salvador Drops $2.3M on 21 BTC for Law Anniversary

El Salvador is doubling down on Bitcoin. On the fourth anniversary of its landmark law, President Bukele revealed a new purchase of 21 Bitcoin, pushing the nation’s total holdings to over 6,300 BTC valued at nearly $702 million.

The move signals a continued embrace of crypto despite a promise to the IMF to stop public acquisitions.

It follows major steps to secure its stash against futuristic “quantum threats” and new laws inviting banks into the crypto space, solidifying the country’s unique and controversial financial experiment.