El Salvador Nayib Bukele Portfolio Tracker

[Catenaccio]

El Salvador is a first nation makes Bitcoin legal tender.

Their President Nayib Bukele is a serious Bitcoin supporters and he loves DCA Bitcoin as in an investment for his nation.
There is a website for El Salvador, Nayib Bukele Portfolio Tracker.
https://nayibtracker.com/
In the chart, you have green dots that are Purchases and you can hover mouse on each green dot to get details for that DCA time.

It has numbers for
Total dollar cost average.
Dollar Cost Average price.
ROI.
You have a table with date of purchase, purchase value, and links to X (Twitter), SEC filing.

Michael Saylor ⚡ (MicroStrategy) Portfolio Tracker

Do you want to DCA like those institutional investors?
If you want, you can do it with a helpful website Dollar Cost Averaging with costavg.com include exchange fee

[bayu7adi]

An easily understandable graph. Btw... being the first country to officially accept Bitcoin as its legal currency is indeed a surprising breakthrough. We all know that BTC is not regulated by any country, and El Salvador is very bold to adopt it.

A small question about Nayib Bukele's purchases so far. Will the purchased BTC be used for the benefit of his country or for personal/supporter interests? It's true that it's in the name of El Salvador, but I'm a bit skeptical about it. If compared to the amount bought by MS, it falls far behind. Country vs Institutional Investor, for now, BTC is still dominated by institutional investors.

[apogio]

Will the purchased BTC be used for the benefit of his country or for personal/supporter interests?

I think this is the BTC that he owns on behalf of El Salvador.

Check this: https://buybitcoinworldwide.com/treasuries/el-salvador/

The amounts match. Actually, 3000+ BTC look too much for a personal portfolio, but this is not a strong argument, I know.

[Tony116]

A small question about Nayib Bukele's purchases so far. Will the purchased BTC be used for the benefit of his country or for personal/supporter interests?

As far as I know, they used national reserves to buy bitcoin, so this money will definitely belong to the country, not just President Nayib Bukele. In addition to accepting legal tender and investing in bitcoin to seek profits, Nayib Bukele's goal is to leverage bitcoin to improve their country's economy. One of the most productive sectors is tourism. From what I know, their tourism industry since accepting bitcoin as legal tender has seen a significant increase in revenue.

It can be said that they have not achieved many outstanding achievements, but they are still continuing the journey of applying bitcoin into practice in their country from bringing it into education to becoming the main currency.

[Husires]

How many topics about El Salvador do we need, because we already have one? El Salvador’s adoption of Bitcoin was a political effort, and we cannot judge the experience except after 10 years have passed and then evaluate the extent of its benefit to both the overall and individual economies. However, I read somewhere that most people did not use that wallet after withdrawing the amount from it, as it is centralized.

[Faisal2202]

There is a website for El Salvador, Nayib Bukele Portfolio Tracker.
https://nayibtracker.com/
In the chart, you have green dots that are Purchases and you can hover mouse on each green dot to get details for that DCA time.
-snip-
Do you want to DCA like those institutional investors?

That's a helpful tool you have shared with us. I was not aware of it, as in the past I was in search of such a tool but did not find any. Thanks to you for providing it.

And talking about the DCA technique, I was flattered when I heard MicroStrategy making 1 billion dollars on their overall BTC holdings, which they have accumulated using DCA and bought at an average price of $29500+. And I can't imagine how much profit El Salvador will make on their holdings, even though they (El Salvador has around 3,110 BTC and MicroStrategy has 158,400 BTC).

Again, thanks for the tool. I will bookmark it, and I hope the data for other companies will also be provided here and in the upcoming ETFs too. That will be helpful for all of us. Anyway, is this website yours?

[DdmrDdmr]

The truth is that we don’t really know just how real El Salvador’s bitcoin stash is, and what’s worse, the Salvadorians don’t seem to know either due to the lack of transparency, leading the population to have to take a set of Tweets as a reference.

People have to take a leap of faith and believe that those bitcoins were really bought (not just Tweeted), that the purchase of 1 BTC per days is still a thing (no news on that front for months on end), that they have not made any sales in between, and that it’s all kept somehow in a secure manner.

[Husires]

And talking about the DCA technique, I was flattered when I heard MicroStrategy making 1 billion dollars on their overall BTC holdings, which they have accumulated using DCA and bought at an average price of $29500+. And I can't imagine how much profit El Salvador will make on their holdings, even though they (El Salvador has around 3,110 BTC and MicroStrategy has 158,400 BTC).ء

It is not wise for a country that has a good number of employees and resources to determine the best time to invest to adopt a trading strategy used by inexperienced beginners. DCA is a great strategy because it does not require a lot of effort and research, but it is not the most profitable for those who want to invest institutionally, and you will be able to employ some economic experts who may give price predictions that have a good amount of credibility, especially since we are talking about long-term trading.
The El Salvador experience was not ideal for those who needed a lot to succeed, but they took the first step

[moneystery]

why do people assume that the bitcoin portfolio is nayib bukele's personal ownership? even though he used his country's money to invest in it, he only acted as an executive who passed the idea and that's it, the money to buy it still used el salvador's money.

and i think there is nothing special about his portfolio, considering that these investments are made regularly using state money. however, i admit that this website is quite helpful for those who want to know how much bitcoin el salvador currently holds and how much profit they have managed to make.

[lombok]

And I can't imagine how much profit El Salvador will make on their holdings, even though they (El Salvador has around 3,110 BTC and MicroStrategy has 158,400 BTC).

When it comes to this, I am very curious about how much American Bitcoin has been obtained from illegal activities or from legal methods that they have purchased so far. We know of many big cases that resulted in Bitcoin being confiscated by the American government. They even auctioned off the Bitcoins, right?

[armanda90]

Since first time Bitcoin have official announced as legal tender payment transaction in El Savador and right now they raised more than ₿3112 in their wallet, looks excited with consistency of El Savador president keep accumulate bitcoin every day what ever price drop or not but their commitment keep accumulate bitcoin. I don't think its personal fund from El Savador president Nayib Bukele despite he has much money but its looks fund source from their country fund.

El Savador president typical with long term investment, regarding they have accumulated bitcoin under $20k but not excited for selling bitcoin right now almost reach x2 profitable. Regarding its trues source or not but I think El Savador have many bitcoin due tourism coming there use bitcoin as payment transaction and looks many private wallet in El Savador hold many bitcoin fund.

[yhiaali3]

We don't need to track the portfolio of Nayib Bukele, President of El Salvador, or Michael Saylor, President of MicroStrategy, to know the importance of DCA. Although tracking it has a significant positive impact on the Bitcoin market in general.

I respect these two people (Nayib Bukele and Michael Saylor) because they believe in adopting Bitcoin practically and theoretically and apply this belief on the ground with all sincerity. We need this type of influential people who believe strongly in adopting Bitcoin until we reach that day when we will witness global adoption. For Bitcoin.

[Zlantann]

El Savador president typical with long term investment, regarding they have accumulated bitcoin under $20k but not excited for selling bitcoin right now almost reach x2 profitable. Regarding its trues source or not but I think El Savador have many bitcoin due tourism coming there use bitcoin as payment transaction and looks many private wallet in El Savador hold many bitcoin fund.

El Salvador didn't purchase all their Bitcoin below $20k. The country bought its first 200BTC at roughly $52k per coin in September 2021. El Salvador will be owning about 2,381 based on the president's statements which will put the average price of each coin at about $44k. So the country has not made any profit from their holding they are even losing close to $60m. Hopefully, the country will be able to make some profit next year and the world will see how nations could benefit from Bitcoin investment.

The truth is that we don’t really know just how real El Salvador’s bitcoin stash is, and what’s worse, the Salvadorians don’t seem to know either due to the lack of transparency, leading the population to have to take a set of Tweets as a reference.

People have to take a leap of faith and believe that those bitcoins were really bought (not just Tweeted), that the purchase of 1 BTC per days is still a thing (no news on that front for months on end), that they have not made any sales in between, and that it’s all kept somehow in a secure manner.

Politically Nayib Bukele has not fared well. He has silenced opposition and even arm-twisted the legislature to amend the constitution to enable him to re-contest for presidential elections which was unconstitutional. The purchase of Bitcoin is just announced on Twitter and public statements with there is no further proof of such a transaction or a public government record and nobody will ever dare question the Commander in Chief.

[EFS]

Don't mind the criticism, it's a good thread. Although El Salvador's Bitcoin amount is memorized by many people I've never heard of the sites you mentioned before. There are also countries that have more Bitcoin than them. However, El Salvador is a special case. I hope their averages will go down and they will be in the profit zone soon. We know they're thinking long term, so the current net loss outlook isn't very important.

https://twitter.com/nayibbukele/status/1593113857261965312

Exactly 1 year has passed since this tweet. I wonder what the latest situation is? Do they still continue to buy 1 Bitcoin per day? It would be nice if a new announcement came from Bukele.

[Catenaccio]

That's a helpful tool you have shared with us. I was not aware of it, as in the past I was in search of such a tool but did not find any. Thanks to you for providing it.

Don't mind the criticism, it's a good thread. Although El Salvador's Bitcoin amount is memorized by many people I've never heard of the sites you mentioned before.

Thank you. Glad to know it is helpful for you all. Some people think they knew everything.

Anyway, is this website yours?

No. It is not my website.

The team or a person behind the website builds one more for Michael Saylor ⚡ (MicroStrategy) Portfolio Tracker with similar information and interface and I included the link in OP too.

The truth is that we don’t really know just how real El Salvador’s bitcoin stash is, and what’s worse, the Salvadorians don’t seem to know either due to the lack of transparency, leading the population to have to take a set of Tweets as a reference.

People have to take a leap of faith and believe that those bitcoins were really bought (not just Tweeted), that the purchase of 1 BTC per days is still a thing (no news on that front for months on end), that they have not made any sales in between, and that it’s all kept somehow in a secure manner.

I agree but audit companies are fearful to do it for cryptocurrency exchanges at least now. At governmental level, I doubt that they will sign any contract with audit company to do it for them.

We will know the truth when El Salvador get profit from Bitcoin investment to improve their national financial treasury or they announce to bankrupt with Nayib Bukele investment decision for the nation.

[stompix]

The truth is that we don’t really know just how real El Salvador’s bitcoin stash is, and what’s worse, the Salvadorians don’t seem to know either due to the lack of transparency, leading the population to have to take a set of Tweets as a reference.

People have to take a leap of faith and believe that those bitcoins were really bought (not just Tweeted), that the purchase of 1 BTC per days is still a thing (no news on that front for months on end), that they have not made any sales in between, and that it’s all kept somehow in a secure manner.

It's quite funny, isn't it?
On this forum we always demand a message signed to prove something, we demand to see actual reserves from exchanges, and so on, but when it comes to Bukele, it's trust me bruh!
We have no proof of
- him buying even on BTC
- Salvador having even one BTC in its possession
- One actual miner mining stuff with his miracle 200MW well and Bitcoin farm
- One penny is his Bitcoin Bonds which would be enouhg to build a 5 billion city

But everyone takes whatever this guy tweets for granted, the whole thing of "don't trust, verify" is lost here.

[GigaBit]

Don't mind the criticism, it's a good thread. Although El Salvador's Bitcoin amount is memorized by many people I've never heard of the sites you mentioned before. There are also countries that have more Bitcoin than them. However, El Salvador is a special case. I hope their averages will go down and they will be in the profit zone soon. We know they're thinking long term, so the current net loss outlook isn't very important.

https://twitter.com/nayibbukele/status/1593113857261965312

Exactly 1 year has passed since this tweet. I wonder what the latest situation is? Do they still continue to buy 1 Bitcoin per day? It would be nice if a new announcement came from Bukele.

President of El Salvador, Nayeb Bukele, has depended on the potential of Bitcoin, by which he announced to buy 1 Bitcoin per day through DCA strategy. If the country collected bitcoins daily as per his announcement then their current holdings would be 2748 bitcoins today. But whether they are actually buying bitcoins on a daily basis is yet to be confirmed. They are gradually able to reduce their losses and because of their long-term investment, they will be able to turn their bitcoins into large assets. Provably new announcements will likely come after the election of 2024.

He purchased 2381 Bitcoins for the country and at that time each Bitcoin was purchased at $44300 and later when the Bitcoin price dropped to $19000 the country was at a loss of around $60 million. Currently Bitcoin price is slowly increasing and it is believed that the country will turn to profit through Bitcoin even after recovering all the losses. Bukili's visionary plan for Bitcoin was definitely right especially for those who believe in Bitcoin.

However, Nayib Bukele's decision to accept Bitcoin as legal tender was considered risky by the IMF and repeatedly warned. With the passage of time, Bukele's decission will be proved to be correct. Since Bukele has announced his candidacy for the 2024 elections, hopefully he will be able to re-assure the public about the success of Bitcoin investments after he is re-elected.

[kryptqnick]

That's really useful data, thanks! I like how everything is put together, including the price at the time of purchase, current value, and profit/deficit. It's unfortunate that the total is down by almost 10% (which is more than 12 million dollars), but I'm confident that it will all be up eventually.
It's also worth noting that while El Salvador is trying to be Bitcoin-friendly, they're not investing too much in Bitcoin, clearly. They've invested under $130 million, with an annual GDP of $30 billion, so it's less than 0.5% of annual GDP over the course of 2 years. I'd say it means they're playing it super-safe.

[Faisal2202]

It is not wise for a country that has a good number of employees and resources to determine the best time to invest to adopt a trading strategy used by inexperienced beginners. DCA is a great strategy because it does not require a lot of effort and research, but it is not the most profitable for those who want to invest institutionally, and you will be able to employ some economic experts who may give price predictions that have a good amount of credibility, especially since we are talking about long-term trading.
The El Salvador experience was not ideal for those who needed a lot to succeed, but they took the first step

There is no doubt that institutional investors have a lot of resources and tools, so they might not prefer DCA as DCA needs no high knowledge or strategies, but MicroStrategy has accumulated BTC over a long period of time and bought BTC after an unequal interval of time, which in a way doesn't represent DCA because in DCA we used to say we invest after an equal interval of time, even if the time is not equal to the amount that we invest.

The point is that DCA is still a profitable technique, even though the CEO of Binance (CZ) made a post on X when MS bought BTC last time that DCA really paid off. At that time, I did not realize how much profit MS was making, but 1 billion is like a lot. And talking about El Salvador, they adopted the BTC at the wrong time, like when the market was already hyped and the bear market was nearing a start. They should have waited a little longer, but who knows what emergency they were in other than financial problems?

[Jegileman]

El Salvador is a first nation makes Bitcoin legal tender.

Their President Nayib Bukele is a serious Bitcoin supporters and he loves DCA Bitcoin as in an investment for his nation.
There is a website for El Salvador, Nayib Bukele Portfolio Tracker.
https://nayibtracker.com/
In the chart, you have green dots that are Purchases and you can hover mouse on each green dot to get details for that DCA time.

This is the first time I am hearing of a tracker to watch El Salvador’s bitcoin portfolio. It is a nice one and it will give insight to its people to know how much they have own in Bitcoin since this is a nation’s fund and not an individual fund.

I am also surprised to see that big investors like this are using the DCA method to stack some bitcoins into their portfolio, I assume they will just lump sum and buy the amount they want at once. The only way this is happening might be that they’re using the country’s reserve to buy these bitcoins.