El Salvador government’s Bitcoin holdings surpass 7,800 BTC

El Salvador has added to its holdings again—this time, by 8 BTC.

PANews reported on October 18 that El Salvador added 8 BTC over the past 7 days and 31 BTC over the past 30 days. Its Bitcoin holdings now stand at 7,808.37 BTC, worth a total of $638 million.

Source: PANews

Two things to watch: First, if it continues adding 31 BTC every 30 days, its holdings will keep growing steadily in small increments. Second, the $638 million valuation will fluctuate with the price of BTC rather than remain fixed.

Which do you pay more attention to: the number of BTC added or the total value of the holdings?

Image 1: El Salvador government’s Bitcoin holdings surpass 7,800 BTC · Partial screenshot of the source page
Image source: https://www.panewslab.com/zh/articles/01a14d6e-c04c-755a-9028-5c39da661d50