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@nhd
Salvador's President Nayib Bukele announcing a $357 million profit from the country's strategic Bitcoin reserve, which aligns with a May 19, 2025, report from bizt confirming the portfolio's value at $644.4 million—a 124.4% unrealized gain on a $287 million investment. El Salvador, a small Central American nation of 6 million, has been purchasing one Bitcoin daily since September 2021, when it became the first country to adopt Bitcoin as legal tender, a move that Bukele has championed despite initial public resistance and protests, as noted in a 2024 Los Angeles Times article.
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