El Salvador Buys 1 Bitcoin as Part of Ongoing Strategic Reserve Accumulation

Key Takeaways:El Salvador purchased 1 BTC on June 29 as part of its national Bitcoin reserve strategy.The country continues its “1 Bitcoin a day” accumulation policy initiated under President Bukele.Move reinforces El Salvador’s commitment to Bitcoin as a sovereign store of value.El Salvador Adds 1 Bitcoin to National Reserves in Latest Strategic PurchaseEl Salvador has added another Bitcoin to its national holdings, purchasing 1 BTC on June 29 as part of its long-term reserve accumulation plan, according to data shared by TechFlow.The small but symbolic acquisition aligns with the country's ongoing “1 Bitcoin a day” strategy, which President Nayib Bukele announced in late 2022 to gradually strengthen El Salvador’s digital asset reserves.This latest purchase reaffirms El Salvador’s commitment to integrating Bitcoin into its national financial strategy, both as a store of value and as part of broader efforts to attract crypto investment and innovation.Since adopting Bitcoin as legal tender in 2021, El Salvador has maintained a steady accumulation of BTC, using both direct purchases and reserve strategies to build its position. The country currently holds over 5,000 BTC, according to publicly available estimates.