{"id":1349,"date":"2024-05-13T11:50:49","date_gmt":"2024-05-13T11:50:49","guid":{"rendered":"http:\/\/ci02dd4acd40002554"},"modified":"2024-05-13T11:50:49","modified_gmt":"2024-05-13T11:50:49","slug":"el-salvador-launches-website-to-track-360m-bitcoin-treasury","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/el-salvador-launches-website-to-track-360m-bitcoin-treasury","title":{"rendered":"El Salvador Launches Website to Track $360 Million Bitcoin Treasury"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><a href=\"https:\/\/bitcoinmagazine.com\/el-salvador-bitcoin-news\">El Salvador<\/a> made history in 2021 by becoming the first country to adopt Bitcoin as a legal tender under the leadership of <a href=\"https:\/\/bitcoinmagazine.com\/tags\/nayib-bukele\">President Nayib Bukele<\/a>. This groundbreaking decision has enabled significant financial improvements across the small Central American nation. <\/p>\n<p>Yesterday, El Salvador <a href=\"https:\/\/x.com\/bitcoinofficesv\/status\/1789788632070431046\">launched<\/a> its website to track its national Bitcoin treasury holdings to further its commitment to Bitcoin transparency.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: \ud83c\uddf8\ud83c\uddfb El Salvador released a new website that tracks their <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Bitcoin<\/a> Treasury.<\/p>\n<p>El Salvador is winning \ud83d\udd25 <a href=\"https:\/\/t.co\/U7CktWSBet\">pic.twitter.com\/U7CktWSBet<\/a><\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1789903951787130921?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 13, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The platform is hosted at <a href=\"https:\/\/bitcoin.gob.sv\/\" target=\"_blank\" rel=\"noopener\">bitcoin.gob.sv<\/a>, provides real-time data on the nation&#8217;s bitcoin reserves. <\/p>\n<p>Using public information from Bukele&#8217;s tweets and blockchain data, the site details how the country has accumulated over 5,748 BTC worth roughly $360 million. <\/p>\n<p>This stash has been built up since 2021 through daily purchases of 1 BTC, larger bulk buys, and mining via geothermal energy.<\/p>\n<p>Earlier, Bukele had released a Bitcoin address for people to monitor the nation&#8217;s holdings. Now, the new website validates this information and offers public proof of reserves.&nbsp;<\/p>\n<p>Launching this platform represents a major step towards financial transparency in government operations.By leveraging Bitcoin&#8217;s innate audibility, El Salvador continues leading the way. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bm-x-unchained-article-cta-learn-more.png\" title=\"\"><\/figure>\n<p>Despite short-term fluctuations, the country already sits on $57 million in <a href=\"https:\/\/nayibtracker.com\/\" target=\"_blank\" rel=\"noopener\">unrealized profit <\/a>due to effective dollar cost averaging.<\/p>\n<p>El Salvador&#8217;s Bitcoin treasury tracker promotes openness and confidence in its pioneering Bitcoin strategy. <\/p>\n<p>This economic experiment and embrace of Bitcoin set an example for other nations to follow. The website should also help attract further Bitcoin investment and innovation in El Salvador.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Salvador recently partnered with Mempool to launch a real-time website to track their nation\u2019s Bitcoin treasury of $360 million.<\/p>\n","protected":false},"author":2513,"featured_media":26637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[636,238,257,93],"class_list":["post-1349","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin-treasuries","tag-el-salvador","tag-nayib-bukele","tag-news"],"author_data":{"id":2513,"name":"Vivek Sen","nicename":"vivek-sen-bitcoin","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/03\/cropped-vivek-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/20220905_better-bitcoin-after-bukele-jeremy-from-escape-to-el-salvador-1.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/1349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2513"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=1349"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/1349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/26637"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=1349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=1349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=1349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}