El Salvador Has Bought Bitcoin for 944 Consecutive Days, Report Reveals

HKAN | Aug 7

El Salvador Hits 944 Days of Continuous Bitcoin Accumulation

 

In a historic milestone for Bitcoin adoption, a new report confirms that El Salvador — the world’s first country to make BTC legal tender — has been buying Bitcoin daily for 944 straight days.

 

The country, under President Nayib Bukele’s leadership, began its Bitcoin accumulation strategy in September 2021, and has continued ever since — regardless of market conditions.

 

Consistent Buying Through Bull and Bear Markets

El Salvador’s strategy, often referred to as "Dollar-Cost Averaging (DCA) on a national level", has involved daily purchases of 1 BTC per day, as confirmed in past statements by President Bukele.

 

Highlights:

Over 944 BTC likely accumulated since the DCA initiative began

Bitcoin reserves also include earlier bulk purchases, totaling over 2,800 BTC to date

Holdings are now worth hundreds of millions of dollars, depending on market prices

This disciplined approach reflects a long-term belief in Bitcoin as a store of value and digital reserve asset.

 

Why It Matters

El Salvador’s continued Bitcoin investment signals:

Unshaken confidence in BTC despite market volatility

A unique experiment in national-level crypto adoption

Global leadership in monetary innovation and sovereignty

While critics warned of financial risk, Bukele’s administration has doubled down — turning Bitcoin into a pillar of the country's economic modernization strategy.

 

Global Reactions

The crypto community has widely applauded El Salvador's consistency, calling it an "ultra-Bitcoin maxi move" and a case study in nation-state accumulation.

Some speculate this sustained buying could inspire:

Other emerging markets to follow suit

Bitcoin’s use in remittances, reserves, and financial inclusion

 

Final Thoughts

After nearly 1,000 consecutive days, El Salvador remains the world’s most committed Bitcoin buyer — not as a bet, but as a belief in the future of decentralized money.

The next milestone? 1,000 days of BTC accumulation and counting.