El Salvador’s Bitcoin Gamble Pays Off—$644M Windfall as Crypto Rally Supercharges National Treasury

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2025-05-19 06:05:19

El Salvador’s Bitcoin Bet Swells to $644M as Rally Boosts Sovereign Holdings

Bitcoin’s bull run turns Nayib Bukele’s controversial bet into a geopolitical jackpot—just as Wall Street analysts finish another round of ‘this time it’s different’ memos.

How a developing nation outplayed crypto skeptics: The Central American country’s 2,381 BTC stash—purchased at an average of $44,300—now sits comfortably in the green. Proving once again that sovereign risk looks different when you’re hodling the hardest asset.

Meanwhile, traditional finance scrambles to explain how a ‘volatile speculative asset’ quietly became one of 2025’s top-performing reserve holdings. Cue the emergency meetings at the IMF.

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