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Cryptocurrency News Articles

El Salvador's Bitcoin (BTC) Treasury Has Generated Over $69M in Profit

May 20, 2025 at 11:42 am

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

El Salvador's Bitcoin (BTC) Treasury Has Generated Over $69M in Profit

A snapshot of El Salvador's crypto portfolio, shared by President Nayib Bukele on Sunday, reveals a remarkable year-to-date profit of over $69 million.

Despite a turbulent period for crypto markets, the Centeral American nation's crypto treasury has remained undeterred.

Earlier this year, Bukele announced that El Salvador had purchased 420 BTC for around $9.4 million in January, followed by another 100 BTC in February for approximately $5.3 million.

The president's latest post on X, formerly known as Twitter, showcases a snapshot of the country's crypto portfolio as of Sunday, highlighting a net profit of $69,053,042.

The portfolio comprises BTC, which is currently valued at $56,766,000, and an unidentified token valued at $12,287,042.

Earlier this week, Metaplanet Inc (OTCQX:MTPLF) announced the purchase of 1,004 BTC for roughly $104.3 million, increasing its total Bitcoin holdings to 7,800 BTC.

At the time of writing, BTC is trading at around $54,000.

Original source:yahoo

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