El Salvador bitcoin HODLing policy has started to pay dividends as the net worth of BTC held by it rose to $160 million. The small country started a digital asset revolution back in September 2021 when it adopted bitcoin as legal tender. It also decided in principle to store the digital currency as part of the reserves held by its Central Bank. 

According to the latest figures from BitcoinTreasuries, the Central American country holds 2,381 BTC. This calculates to just shy of the $160 million valuation. 

The move has proved successful in the long term despite glaring concerns during the 2022-2023 bear market, when the premier digital asset dropped a lot in value.

El Salvador’s History… Read more on bitcoinnews