El Salvador’s Bitcoin Holdings Skyrocket to $644M with Significant Unrealized Profit

Bitcoin continues its upward trajectory this month, witnessing a 8.69% gain. Recent highs have pushed the price past $107,000, generating excitement within the cryptocurrency market. This surge is significantly attributed to El Salvador’s bold Bitcoin investment strategy, which has yielded impressive returns. El Salvador’s President Nayib Bukele recently announced on X that his country’s Bitcoin holdings have generated a massive $357 million in unrealized profit. 6,181 BTC, valued at around $639 million based on current prices, contribute to this total.