El Salvador Shifted Bitcoin Reserve into 14 Wallets to Enhance Security

El Salvador has implemented a strategic measure to enhance security for its National Bitcoin Reserve by distributing the holdings across 14 new wallets. This move aims to mitigate risks associated with emerging quantum computing technologies and bolster long-term asset protection. The country previously held all 6,274 BTC in a single address, but this new structure sees funds split into smaller amounts, each holding up to 500 BTC. 6,274 BTC worth approximately $678 million has been redistributed via these newly established wallets. The move aligns with best practices for Bitcoin management and incorporates features like a public dashboard enabling transparent monitoring of the reserve without the potential risk of reusing addresses.