El Salvador’s Bitcoin Investment Yields Over $357 Million in Unrealized Gains

El Salvador has realized a significant profit from its Bitcoin investment, exceeding $357 million, according to President Nayib Bukele. The nation’s holdings, valued at over $644 million, represent an unrealized gain of 124.4% compared to the initial investment of $287.1 million. This surge coincides with Bitcoin’s recent record-breaking rally. Notably, El Salvador doubled down on its Bitcoin strategy despite pressure from the IMF regarding financial regulations and investments.