President Nayib Bukele’s bold move to make Bitcoin legal tender in El Salvador is yielding significant returns, with the country now boasting a $85 million profit from its crypto treasury. Following a recent surge in Bitcoin prices, El Salvador’s dollar-cost average purchase price strategy has proven lucrative, with the nation making a substantial profit on its Bitcoin holdings.

Since initiating Bitcoin purchases in September 2021, El Salvador has weathered market volatility, including a significant downturn in Bitcoin prices. However, the country’s resilient approach has paid off, with its portfolio now containing 2,861 BTC worth $207.3 million. President Bukele’s vision extends beyond mere profits, with Bitcoin revenue from various sources contributing to the nation’s economic growth, including revenue from the passport program, BTC mining, and government services. Additionally, with the prospect of Bitcoin potentially reaching $100,000, El Salvador may soon achieve financial independence, signaling a transformative shift in the country’s economic landscape under Bukele’s leadership.

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