El Salvador's Bitcoin holdings have surpassed 7,600 coins, with a total value of over $500 mill

El Salvador's Bitcoin Stack Tops 7,600 as Nation Keeps DCA-ing

El Salvador is sticking to its bitcoin playbook. The country's national bitcoin reserves have now topped 7,600 coins—roughly 7,606 to be exact, worth over $500 million. The latest numbers show it's still buying at a steady clip, adding 8 more BTC just last week.

Instead of going all in at once, El Salvador has been dollar-cost averaging since launching the strategy back in 2021. That approach helps smooth out price swings and avoids moving the market with one big buy. Over time, those small, steady purchases have added up, building one of the largest sovereign bitcoin stockpiles in the world.

4593f8ea52e2b1021005e19efa079c01.png

The policy has drawn plenty of attention—and plenty of criticism. International institutions, including the IMF, have warned that bitcoin's volatility could pose risks to the country's fiscal stability. President Nayib Bukele, however, remains a firm believer. He sees it as a long-term play, not short-term speculation.

There have been moments when El Salvador's holdings were underwater on paper. But the strategy isn't about today's price—it's a bet on future value. That bet has also made the country one of the first to fold digital assets into its national reserves.

On a broader level, El Salvador is charting a path others may follow. By weaving bitcoin into its sovereign asset mix, it's exploring an alternative to traditional reserves like foreign currency and gold. How this plays out will depend on where bitcoin goes from here—and the world will be watching the long-term results of a country-sized DCA plan.

Recommended reading: