Nayib Bukele’s Bitcoin Portfolio Hits $326 Million in Profit as Institutional Adoption Grows
Since adopting Bitcoin as legal tender in 2021, El Salvador’s President Nayib Bukele has shared in both praise and criticism for his audacious attempt to weave the cryptocurrency into the fabric of the country’s financial system. Yet, Bitcoin has continued to gain institutional and governmental support, and it seems Bukele’s early and audacious investments have proven prescient. As of March 2024, his Bitcoin portfolio has grown to 117 percent, for an impressive total profit of $326 million. In value and in leadership, Bukele is now positioned as a forward-thinking figure in the global crypto landscape, with his approach toward Bitcoin finally beginning to pay dividends. The narrative of Bukele underscores how, once seen as vague or niche, cryptocurrency is gaining respect as a solid means of finance that has a shot at long-term growth. His bet on Bitcoin might have looked like a gamble in the past, but today it seems more and more like a windfall that is pushing El Salvador into the digital asset arena with not just private players, but also an increasing number of government actors. Nayib Bukele’s Bitcoin Portfolio Since March 2024, Nayib Bukele’s $BTC portfolio has been in the green, currently showing a profit of 117%, which translates to $326 million in dollar terms. As institutional players and even nation-states increasingly embrace crypto,… pic.twitter.com/3lAWn0cppC — CryptoRank.io (@CryptoRank_io) May 19, 2025 MicroStrategy’s Massive Bitcoin Purchase and Growing Holdings Although Bukele’s portfolio has generated a lot of interest, he’s not the only one going all-in on Bitcoin. MicroStrategy, the business intelligence firm led by Michael Saylor, absolutely has to be part of the conversation when discussing institutional Bitcoin adoption. Last week, the company made yet another gigantic purchase, acquiring 7,390 BTC at a total cost of about $764.85 million, which works out to an average individual price of $103,498. This most recent acquisition has expanded MicroStrategy’s total holdings to an astonishing 576,230 BTC, with a present-day worth of around $59.33 billion. The average purchase price now registered by the company is $69,726, and this figure translates into a paper profit of about $19.15 billion. In Bitcoin and its holdings, MicroStrategy has placed a very public bet—and one that it seems to be doubling down on. Besides holding Bitcoin directly, MicroStrategy has developed a nice sideline as one of the biggest corporate Bitcoin investors. It has not only invested in Bitcoin but has incrementally increased that position over time. Right now, MicroStrategy’s Bitcoin investments are worth about $8.3 billion, give or take. Institutional Adoption Continues to Surge: Spot Bitcoin ETFs and Metaplanet’s Expansion The institutional interest in Bitcoin is not confined to single firms. Instead, it is rapidly becoming an all-encompassing occurrence, one whose vigorous embrace by the mainstream financial community is underscored by the unbroken string of five weeks during which spot Bitcoin ETFs have recorded net inflows. Those inflows have totaled $604 million for the week of May 12 to May 16, 2023, alone. The periodization of those inflows marks affinity adoption for spot Bitcoin ETFs by the investment community, yet another signal that the financial establishment has Bitcoin on its radar. In the past trading week (May 12 to May 16, ET), spot Bitcoin ETFs recorded a net weekly inflow of $604 million, marking five consecutive weeks of net inflows. Spot Ethereum ETFs saw a net inflow of $41.59 million for the week, with BlackRock’s ETHA leading the pack with $66.04… — Wu Blockchain (@WuBlockchain) May 19, 2025 In addition, Metaplanet, a Japanese investment firm, has ramped up its Bitcoin acquisitions as well, purchasing a total of 1,004 BTC for $104.8 million, at an average price of $104,427. With this latest buy, Metaplanet now holds 7,800 BTC in total, across all of its trades, which are collectively worth $802 million as of now, with an average purchase price of $93,225. This firm holds over a billion dollars’ worth of Bitcoin. If that’s not a serious corporate signal that institutional players are diversifying into the digital asset space, then I don’t know what is. An inflow of institutions along with a wider acceptance of Bitcoin are what we believe to be the two main ingredients for making the cryptocurrency more bullish. If you take a look at not only the traditional financial institutions but also at some really forward-thinking entities like MicroStrategy and Metaplanet, all of them are now Bitcoin advocates. Their inflows into a yet-to-materialize Bitcoin ETF are making the story of Bitcoin pay off even more. Metaplanet( @Metaplanet_JP ) bought another 1,004 $BTC ($104.8M) at $104,427. Metaplanet currently holds 7,800 $BTC ($802M), with an average buying price of $93,225. https://t.co/LRlXDOEoNK pic.twitter.com/6M9ST7uHu0 — Lookonchain (@lookonchain) May 19, 2025 A Shift Toward Global Cryptocurrency Adoption What began as an audacious, experimental step by Bukele to make Bitcoin legal tender in El Salvador has now morphed into something much larger: the trend of institutions and governments embracing cryptocurrency. With heavy hitters like MicroStrategy and Metaplanet investing gobs of cash into Bitcoin and adding it to their balance sheets, it’s become a lot clearer that the world of finance is coming around to the idea of Bitcoin—and by extension, other cryptocurrencies—being integrated into our “normal” financial systems. This change is also reflected in the burgeoning success of Bitcoin ETFs, which are giving traditional investors a more secure and regulated way to gain exposure to Bitcoin without holding the asset directly. The inflows into these products suggest that the financial mainstream no longer considers Bitcoin a niche asset. Under Bukele’s Bitcoin held, continued performing spectacularly, and his leadership in a country that wasn’t even a blip on the global map a year ago has begun to gain recognition. His decision to embrace Bitcoin, a cryptocurrency that some skeptics say will ultimately be replaced by the digital dollar, may ultimately be viewed as a pioneering move. He is doing what the foundational fathers of Bitcoin envisioned: leading a country to make the cryptocurrency more available to the citizenry. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Original article from themerkle
Source: themerkle
Published: May 20, 2025