El Salvador's Bitcoin Gamble Pays Off with $84M Profit

• El Salvador's bitcoin treasury has $84M in unrealized profit and is now worth over $206M • The country holds 2,681 BTC acquired at an average cost of $42,600 • El Salvador recognized bitcoin as legal tender in 2021 alongside the US dollar • The country is earning more bitcoin from services like a citizenship program, mining, and government revenue • El Salvador introduced a "Freedom VISA" residency program for those investing $1M in bitcoin or tether