El Salvador Resumes Bitcoin Purchases, Expanding Reserves

After a short pause, El Salvador resumed buying Bitcoin, adding more than 6,092 BTC to its reserves. President Bukele continues to view Bitcoin as a strategic asset to strengthen the nation’s financial stability. Meetings between El Salvador’s crypto regulators and the U.S. SEC are boosting interest in crypto regulation internationally, while sovereign wealth funds show growing Bitcoin holdings despite market pullback from retail investors. These recent developments offer insights into the potential of Bitcoin as an investment in long-term strategies.