Lead
El Salvador has continued its policy of buying one bitcoin per day following a one-off acquisition of 1,100 BTC earlier this week. On-chain wallet data indicate the country's total Bitcoin holdings have risen to about 7,477.37 BTC (approximately $650.0 million) as of November 20, 2025, marking a 7-day increase of 1,098.19 BTC.
Key Developments
- Daily accumulation resumed: The country added +1 BTC on November 20, 2025, aligning with its day-by-day accumulation approach.
- Large one-time buy: A 1,100 BTC purchase earlier this week significantly boosted reserves.
- Holdings snapshot:
- Total: 7,477.37 BTC (≈ $650,038,591)
- 7-day change: +1,098.19 BTC (≈ $95,470,109)
- 30-day change: +1,121.19 BTC (≈ $97,469,636)
These figures suggest an average implied BTC price near the upper-$80,000 range across the reported periods, consistent with recent market levels.
Context and Significance
El Salvador’s continued accumulation underscores its ongoing Bitcoin treasury strategy, combining opportunistic bulk purchases with a steady dollar-cost averaging approach. The latest move lifts the nation’s reported on-chain reserves to their highest level to date, supporting its long-term positioning in the crypto market.
The +1,098 BTC weekly increase aligns with the disclosed 1,100 BTC buy, with daily additions accounting for the remainder. The policy aims to reduce timing risk while capitalizing on broader market momentum.
Market Impact
- The incremental demand from sovereign accumulation can provide marginal support to Bitcoin’s spot market.
- The larger 1,100 BTC acquisition highlights continued institutional- and state-level interest in BTC as a reserve asset.
- Treasury growth of this scale may influence discussions around sovereign adoption, risk management, and the role of BTC in national reserves.
Looking Ahead
Further daily purchases would continue to lift El Salvador’s Bitcoin balance, especially if complemented by additional strategic buys. Market observers will watch for new wallet inflows, price sensitivity around large one-off acquisitions, and any official updates on reserve management policies.