El Salvador to Split Bitcoin Reserves Across Multiple Addresses for Security
Last update: August 30, 2025
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El Salvador to enhance Bitcoin security by splitting its $682M reserves across multiple wallets for transparency and security.
El Salvador, the first nation to adopt Bitcoin as legal tender, has announced that it will transfer its cryptocurrency reserves into multiple new addresses to boost security.
Previously held in a single address, the reserves will now be distributed across multiple wallets, each capped at 500 Bitcoin — approximately $54 million at current prices, the country’s National Bitcoin Office said on X.
CBI News reports that a public dashboard will be introduced to allow citizens and observers to track the total balance transparently across these addresses.
The Central American country has been steadily consolidating its Bitcoin holdings over the past years. As of Friday, it held around $682 million worth of the cryptocurrency, despite its volatility.
