SaralnamaEl Salvador will transfer its Bitcoin reserves to multiple new addresses on 1 Sep 2025. The National Bitcoin Office announced this move on X. Each address will hold up to 500 Bitcoin (about ₹4.5 billion). A public dashboard will show the total balance across these addresses. El Salvador, the first country to make Bitcoin legal tender, held about ₹56.7 billion worth of the cryptocurrency as of 1 Sep 2025. This change aims to improve security for the country's Bitcoin holdings. (Updated 1 Sep 2025, 10:01 IST; source: link)
Key Points
- El Salvador will transfer its Bitcoin reserves to multiple new addresses on 1 Sep 2025
- The National Bitcoin Office announced this move on X
- Each address will hold up to 500 Bitcoin (about ₹4.5 billion)