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Where Is Nayib Bukele Actually Storing El Salvador's Bitcoin?
Last week, the sats stacking president of the "Land of Many Volcanoes" announced he was moving thousands of the country's BTC into a bitcoin "piggy bank."
Updated Mar 18, 2024, 3:28 p.m. Published Mar 18, 2024, 3:26 p.m.
"We've decided to transfer a big chunk of our Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory," President Nayib Bukele, who made history by declaring bitcoin legal tender in September of 2021, said Thursday on X. With something like $400 million in bitcoins at stake, the mind reels with the possibilities of what just he means.
This comic is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. Lina Seiche is the creator (mommy) of The Little HODLer, one of the world’s most popular Bitcoin merchandise brands.
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- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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