JAKARTA - A small country in Latin America, El Salvador, recently added a number of Bitcoins to its portfolio. The country that makes Bitcoin the country's official transaction tool bought 11 additional Bitcoins (BTC) on Thursday 9 December 2025.
According to a statement from Arkham Intelligence, the government of El Salvador spent 1 million US dollars to buy 11 Bitcoins. With the latest purchase, El Salvador now has 6,022 BTC Bitcoin in its portfolio which is worth 562.2 million US dollars or equivalent to Rp9.1 trillion.
The country, which was issued by President Nayib Bukele, became a country that adopted crypto as a means of payment. Not only that, but they also started mining Bitcoin by utilizing volcanic energy to strengthen the country's reserve assets.
El Salvador has implemented Bitcoin as a means of payment since September 7, 2021. This country became the first country in the world to adopt Bitcoin as an official means of payment.
In addition, the government of El Salvador is using Bitcoin as a strategy to increase financial inclusion and improve the country's economy. One of the efforts made is through the Chivo Wallet digital wallet program designed to make transactions easier for citizens.
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El Salvador has also started mining Bitcoin by utilizing volcanic energy as an environmentally friendly resource. This move not only provides sustainable energy solutions, but also supports strengthening the country's foreign exchange reserves through revenue from the Bitcoin mine.
However, this pro-Bitcoin policy has also drawn criticism from several parties. Organizations such as the International Monetary Fund (IMF) have raised concerns over the impact of Bitcoin's adoption of El Salvador's financial stability. The IMF assesses Bitcoin price volatility could pose a risk to the country's economy, which largely still relies on foreign loans and remittances.
Nevertheless, President Bukele remains optimistic about the steps his government has taken. He believes that Bitcoin is a tool to free developing countries from dependence on traditional financial systems. On several occasions, Bukele also stated that the benefits of investing in Bitcoin will be used to fund infrastructure and social projects, such as school and hospital development.
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