El Salvador’s Bitcoin Holdings Hit $475M Profit as BTC Becomes World’s 7th Largest Asset

Michael Adeleke
3 hours ago
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
El Salvador Reaches Agreement with IMF

Highlights

  • El Salvador’s Bitcoin holdings have surged to $775 million, with $475 million in unrealized gains as BTC hits a new all-time high.
  • The nation’s 6,246 BTC reserve marks a 162% increase since 2022.
  • Bitcoin’s market cap has climbed to $2.5 trillion, making it the 7th most valuable asset globally.

El Salvador is now sitting on $482 million in unrealized gains in its Bitcoin holdings. This comes as BTC hit a new all-time high and became the world’s seventh most valuable asset.

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El Salvador’s Bitcoin Reserves Surge Past $775 Million

In a recent X post, President Nayib Bukele shared the country’s Bitcoin portfolio. The figures showed that El Salvador’s reserves are now valued at around $775 million. This represents a 162% increase since 2022, with holdings of approximately 6,246 BTC.

With the token recently hitting a new ATH, the government’s position also yielded unrealized profits of over $475 million.

El Salvador became the first nation in the world to officially recognize the coin as legal tender in 2021. Bukele’s administration argued that the move would make financial services more accessible to Salvadorans, many of whom lacked traditional bank accounts.  By 2022, more Salvadorans were using Bitcoin Lightning wallets than holding bank accounts.

In one of the country’s recent moves, the National Bitcoin Office confirmed the redistribution of $678 million worth of BTC across multiple wallets. The 6,274 BTC were moved into 14 addresses, each capped at 500 coins. This was done to reduce exposure to risks such as the potential impact of quantum computing on digital assets.

Additionally, El Salvador announced it would host the world’s first government-backed BTC conference, Bitcoin Histórico. This is scheduled for November 12–13, 2025. The event will be held in San Salvador’s historic center and is being promoted as a celebration of the coin’s role in financial freedom.

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BTC Climbs to the World’s 7th Largest Asset

According to the Kobeissi Letter, as of October 5, 2025, BTC’s market capitalization has reached $2.5 trillion. This makes it the seventh most valuable asset globally. This also places the coin ahead of several corporate titans and precious metals, cementing its status as a macro-level financial asset.

Source: X

This comes as Bitcoin hit a new all-time high in early October, surging to $125,500 amid widespread “Uptober” optimism. This latest rally follows less than two months after its previous all-time high of $124,400 in August.

Notably, the token could also see further highs in the coming weeks, as analysts at Standard Chartered predicted the token could potentially reach $200,000 by late 2025.

Standard Chartered’s Head of Digital Assets Research, Geoffrey Kendrick, pointed to sustained ETF inflows as short-term factors that could drive demand higher. He added that the token could potentially climb to $135,000 in the coming weeks.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.