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El Salvador has taken yet another symbolic step in its path as the world’s first country to recognize Bitcoin as legal tender. To celebrate the anniversary of the historic Bitcoin Law, President Nayib Bukele confirmed a new El Salvador Bitcoin purchase of 21 BTC, worth around $2.3 million at current prices.
This acquisition not only commemorates “Bitcoin Day” but also reflects the country’s long-term strategy of building strong crypto reserves. With this buy, El Salvador’s total holdings have reached approximately 6,313 BTC, now valued at more than $701 million.
El Salvador Bitcoin Purchase Marks Bitcoin Day Celebration
The El Salvador Bitcoin purchase is deeply symbolic. The figure “21” echoes the maximum supply of 21 million Bitcoins ever to exist. By buying 21 BTC on the anniversary, Nayib Bukele reinforced the country’s vision of aligning its national reserves with Bitcoin’s scarcity and value proposition.
This move also strengthens the country’s position in global crypto adoption, showing that El Salvador is not only holding but steadily accumulating Bitcoin as part of its national Bitcoin holdings strategy.
Why the 21 BTC Symbolic Buy Matters
Aside from its symbolism, the Nayib Bukele Bitcoin Law anniversary purchase delivers several important messages:
- Commitment to Bitcoin: El Salvador continues to demonstrate that its crypto reserves strategy is not temporary but part of a long-term plan.
- Public confidence: By buying Bitcoin on a national anniversary, the government underscores its belief in BTC as a foundation for financial sovereignty.
- Global attention: The move has sparked renewed discussions about Bitcoin Day celebration events and how other nations may eventually follow.
In short, this 21 BTC symbolic buy is both a reminder of Bitcoin’s unique supply limit and a demonstration of how nations can tie monetary policy to digital assets.
Conclusion
The latest El Salvador Bitcoin purchase highlights the country’s unique role in the global crypto movement. By securing 21 BTC to celebrate the Bitcoin Law anniversary, Nayib Bukele not only honored Bitcoin’s limited supply but also reinforced the nation’s long-term faith in digital assets.
As the country’s national Bitcoin holdings grow past 6,300 BTC, El Salvador continues to set an example of how digital currencies can shape a country’s financial identity and inspire other nations considering similar steps.
Also Read: El Salvador Bitcoin Holdings Split Across Multiple Wallets to Protect Against Quantum Risks
FAQs
How much Bitcoin did El Salvador buy for the anniversary?
El Salvador purchased 21 BTC, valued at roughly $2.3 million.
Why did President Bukele choose 21 BTC specifically?
The number 21 symbolizes Bitcoin’s maximum supply of 21 million coins, making it a symbolic buy on Bitcoin Law’s anniversary.
How many Bitcoins does El Salvador hold in total?
The nation now holds about 6,313 BTC, worth over $701 million.
Why does Bitcoin Day hold importance in El Salvador?
Bitcoin Day marks the anniversary of the Bitcoin Law, when the country officially adopted BTC as legal tender.