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El Salvador’s Bitcoin Gamble Pays Off—$644M Windfall as Crypto Rally Supercharges National Treasury
El Salvador’s Bitcoin Gamble Pays Off—$644M Windfall as Crypto Rally Supercharges National Treasury
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Bitcoin’s bull run turns Nayib Bukele’s controversial bet into a geopolitical jackpot—just as Wall Street analysts finish another round of ‘this time it’s different’ memos.
How a developing nation outplayed crypto skeptics: The Central American country’s 2,381 BTC stash—purchased at an average of $44,300—now sits comfortably in the green. Proving once again that sovereign risk looks different when you’re hodling the hardest asset.
Meanwhile, traditional finance scrambles to explain how a ‘volatile speculative asset’ quietly became one of 2025’s top-performing reserve holdings. Cue the emergency meetings at the IMF.
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