El Salvador Buys $100 Million in Bitcoin During Dip – Largest Single-Day Purchase Ever

El Salvador Bitcoin purchase reached a new milestone as President Nayib Bukele announced the acquisition of 1,098 BTC for approximately $100 million at an average price of $91,000 per coin. This marks the country’s largest single-day buy since adopting Bitcoin as legal tender in September 2021, pushing total holdings to 7,474 BTC valued at $688 million.

The Purchase: 1,098 BTC at $91,000 Average Amid Market Dip

President Bukele revealed the buy on X, stating: “We just bought the dip — 1,098 BTC at $91,000 average.” The transaction occurred during a 5% 24-hour Bitcoin decline to $94,400, reflecting El Salvador’s strategy of dollar-cost averaging through volatility. Funded via the national treasury, this $100 million addition is the biggest one-time purchase in the country’s history, surpassing previous daily buys of 1 BTC.

El Salvador now holds 7,474 BTC, acquired at a blended cost basis estimated below $60,000, delivering over $400 million in unrealized profits despite market swings. The nation continues its policy of daily Bitcoin purchases, initiated in 2022, even as critics highlight volatility risks.

• Amount Bought: 1,098 BTC.
• Average Price: $91,000.
• Total Cost: ~$100 million.
• New Holdings: 7,474 BTC ($688M at $92,000).

El Salvador’s Bitcoin Journey: From Legal Tender to National Treasury Asset

Since making Bitcoin legal tender in 2021, El Salvador has accumulated BTC through:

• Daily purchases (1 BTC/day program)
• Mining with volcanic geothermal energy
• Treasury allocations during dips

The strategy has generated $400 million+ in profits, with Bukele framing Bitcoin as a hedge against inflation and dollar dependence. The country also launched Bitcoin-backed “Volcano Bonds” and citizenship-by-investment programs, though IMF negotiations remain tense over fiscal risks.

• Legal Tender Since: September 7, 2021.
• Profits: +$400M unrealized.
• Mining Output: 474 BTC from geothermal plants.

Market Context: Buying the Dip as BTC Tests $94K

The purchase aligns with Bitcoin’s 5% drop, driven by Fed hawkishness and tariff fears, with $1.1 billion in liquidations. El Salvador’s move signals sovereign confidence, contrasting institutional caution amid 50.7% December cut odds. Analysts view it as strategic accumulation, with BTC’s $94K floor holding despite pressure.

2025 El Salvador Bitcoin Holdings Prediction: 10,000+ BTC

El Salvador Bitcoin holdings prediction for 2025: 10,000+ BTC, with 34% growth. Bull catalysts: Daily buys; bear risks: Volatility testing 6,000 BTC support.

In summary, El Salvador’s $100 million purchase of 1,098 BTC at $91,000 average boosts holdings to 7,474 BTC ($688M value), reinforcing its Bitcoin nation strategy with $400M+ profits amid 2025’s volatility.