El Salvadoran President Nayib Bukele announced today that he has increased his holdings by 21 Bitcoins to celebrate Bitcoin Day. According to the Ministry of Finance website, El Salvador's current Bitcoin holdings stand at 6,312.18, valued at over $700 million.

Yesterday marked the fourth anniversary of El Salvador's adoption of Bitcoin as legal tender. On September 7, 2021, El Salvador officially became the first country in the world to adopt Bitcoin as legal tender. President Nayib Bukele pushed for the passage of the Bitcoin Law in June 2021, which stipulates that Bitcoin can be used to pay for goods, services, and taxes, placing it on par with the US dollar as legal tender. The Salvadoran government subsequently launched Chivo, a digital wallet that allows citizens to store and use Bitcoin, offering a $30 Bitcoin reward to registered users. Bitcoin ATMs have also been deployed nationwide to facilitate transactions.