El Salvador, under the leadership of President Nayib Bukele, has embarked on a significant Bitcoin acquisition strategy, revealing the country received 4,560 bitcoins from Bitfinex, amounting to a value of 406M. In a move to secure its digital assets, a considerable portion of its Bitcoin holdings, with 20% from Chivo Wallet and 80% from Bitfinex, has been transferred to a cold wallet, dubbed by President Bukele as the nation's first 'Bitcoin Piggy Bank'. This strategic decision is part of El Salvador's broader plan to buy one Bitcoin daily 'until Bitcoin becomes unaffordable with fiat currencies', according to Bukele. This approach signifies a robust confidence in the cryptocurrency's future value and positions El Salvador as a pioneering nation in the adoption and integration of Bitcoin into its financial strategy.