El Salvador Adds $400 Million in Bitcoin to National Reserves, Stores Coins in Piggy Bank Vault
• El Salvador moved over 5,000 BTC (worth $400 million) into a cold wallet this week, nearly doubling its known bitcoin reserves
• President Bukele referred to the wallet as their "first Bitcoin piggy bank" stored in a physical vault within the country
• El Salvador became the first country to buy bitcoin as a reserve asset in September 2021 when prices were around $52,000 per coin
• Most of the over 5,000 BTC was transferred from Bitfinex over the past week, with the majority arriving on Thursday
• This revelation is the first time Bukele has tied the nation's bitcoin holdings to a specific wallet address rather than just making claims on social media