El Salvador’s Bitcoin portfolio has risen to a market value exceeding $750 million, according to figures published by President Nayib Bukele on Wednesday. The disclosure shows an unrealized profit of about $468 million to $470 million, highlighting the rebound in the cryptocurrency’s price since the country began buying in 2021. The update offers one of the clearest snapshots to date of the Central American nation’s strategy of treating Bitcoin as both legal tender and a reserve asset. Bukele has previously said the government acquires the token through programmed purchases and income generated by Bitcoin-related services, but detailed tallies have been rare. While the gains remain on paper, the latest numbers may bolster Bukele’s argument that the controversial policy can strengthen public finances if the cryptocurrency continues to appreciate. El Salvador still faces scrutiny from multilateral lenders and credit-rating agencies over the volatility and transparency risks tied to its Bitcoin bet.