El Salvador’s Bitcoin Holdings Soar Past $644 Million

El Salvador has seen its Bitcoin holdings surge past the $644 million mark, generating over $357 million in unrealized gains thanks to the cryptocurrency’s recent rally. This growth comes despite restrictions imposed by the IMF as part of a $1.4 billion loan agreement for the country. The government continues to buy one BTC daily as part of its strategy to bolster financial inclusion and has maintained this approach despite scrutiny from global institutions.