Bukele’s Bold Bitcoin Bet Turns $326M Profit for El Salvador

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Bukele’s Bitcoin strategy turned a $326M profit by buying during crashes and holding through volatile market cycles without selling.

El Salvador’s Bitcoin portfolio surged 117%, driven by bold entries during the 2022 bear market and unwavering long-term conviction.

Bukele’s Bitcoin approach, marked by deep value accumulation and zero liquidations, now sets a precedent for national crypto strategies.

El Salvador’s Bitcoin holdings, managed by President Nayib Bukele, have surged into the green with a 117% gain. As of May 19, 2025, the portfolio reflects a paper profit of $326 million. This marks a sharp turnaround from the criticism Bukele faced in 2022. His aggressive Bitcoin accumulation strategy, especially during market downturns, is now being praised as bold and visionary. With Bitcoin currently priced around $103,000, Bukele’s early moves have turned out to be highly profitable. The largest gains stem from purchases made during the 2022 bear market.

Strategic Accumulation During Volatility

Bukele began to buy Bitcoin in October of 2021 at about $50,000. He stepped up the buying in the subsequent months when prices crept up to $67,000. However, when Bitcoin declined in 2022, he did not give up. Instead, he continued to buy at lower prices.

Source: CryptoRank

In February 2022, Bukele added more at around $38,000. He continued buying through July when prices hit $19,000. His final and lowest entry came in December 2022 near $16,500. No purchases were made in 2023 despite Bitcoin’s recovery from $16,500 to $45,000. This indicates a disciplined, contrarian strategy that focuses on deep value accumulation.

No Selling, Only Buying

Bitcoin surged in 2024, moving from $45,000 to $80,000. However, Bukele did not make any acquisitions during this period. The next notable purchase came in late 2024 or early 2025 when Bitcoin approached $100,000. This marked his most expensive entry. Yet, the consistency in buying during bear markets positioned the portfolio well for long-term gains.

Besides, Bukele has made no sales to date. His long-term holding strategy has paid off as early 2021 purchases have returned to profitability. The portfolio’s gains are primarily from the lowest entry points in late 2022.

Moreover, the current Bitcoin price range of $78,000 to $105,000 reflects the asset’s growing institutional adoption. Bukele’s success is setting a precedent for other nation-states considering Bitcoin as a strategic reserve.

The post Bukele’s Bold Bitcoin Bet Turns $326M Profit for El Salvador appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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