El Salvador’s Notional Profits from Bitcoin Reserve Swell to $350+ Million

In 2021, when El Salvador chose to be the first country in the world to use bitcoin as legal tender, it raised a lot of eyebrows. President Nayib Bukele shared an update on Sunday about the country’s Bitcoin reserve, proving that the decision is paying off. From a just $287 million investment, El Salvador has managed to gain over $357 million, more than doubling its initial investment within four years.