CentBit.Online – Crypto & Blockchain Expert, Bangladesh
El Salvador, the first country in the world to adopt Bitcoin as legal tender, has reaffirmed its long-term commitment to the cryptocurrency by declaring that its Strategic Bitcoin Reserve is designed to increase in value “forever.”
Government officials highlighted the country’s ongoing strategy of accumulating Bitcoin through purchases, mining operations powered by volcanic geothermal energy, and various national initiatives that integrate BTC into the economy.
“Our Bitcoin Reserve is a long-term asset. Its value is designed to go up forever,” an official statement noted.
Since President Nayib Bukele first spearheaded Bitcoin adoption in 2021, El Salvador has steadily expanded its holdings and introduced policies encouraging both domestic and foreign investment in BTC. The reserve is being positioned as a cornerstone of national wealth, intended to protect the country from inflation and reliance on fiat currencies.
Analysts argue that while Bitcoin’s volatility poses short-term risks, El Salvador’s conviction reflects a broader trend among nations exploring Bitcoin as a sovereign reserve asset.
With Bitcoin hovering near all-time highs, the country’s bold approach is once again drawing global attention—and fueling speculation about whether other nations will follow suit in building their own “forever” Bitcoin reserves.