El Salvador Bitcoin Reserves Reach 7,762 BTC, Valued at $598 Million

The government of El Salvador has added one more Bitcoin to its national reserves, bringing the total holdings to 7,762 BTC. At a price of approximately $77,000 per coin, the total value of the holdings is roughly $598 million. Despite pressure from the International Monetary Fund (IMF) to end public sector Bitcoin purchases and remove its status as legal tender, the government continues its policy of purchasing one Bitcoin daily. El Salvador became the first country to adopt Bitcoin as legal tender in 2021 and added over 1,600 BTC to its reserves between J