President of El Salvador Nayib Bukele published data from the official cryptocurrency wallet. It turned out that 5,689 BTC are stored on it – this is twice as much as previously thought.

Nayib Bukele said that most of the first cryptocurrency will be sent to a cold wallet. According to him, this will be the first “piggy bank” of bitcoins in the country.

The information provided by the head of state differs from the tracker, which estimates the number of bitcoins at only 2,864 coins. According to the analytical portal Arkham Intelligence, the vast majority of BTC stored in the cold wallet were transferred from the Bitfinex cryptocurrency platform.

Bukele has repeatedly argued that the country is not only buying bitcoins, but also acquiring them through a cryptocurrency citizenship program, currency conversion for business, mining and government services. A survey conducted by the José Simeon Cañas University showed that in 2023, 12% of El Salvadorans used Bitcoin to pay for goods and services.

Bukele previously indicated that El Salvador has been receiving Bitcoin revenues from various sources, in addition to profits from purchased BTC, since the country's first cryptocurrency was recognized as legal tender in September 2021.