El Salvador Opens Door to More Bitcoin as Bukele’s Presidency Is Extended
El Salvador’s elimination of presidential term limits boosts Nayib Bukele’s ability to continue Bitcoin accumulation and shape the nation’s crypto future, despite transparency concerns.
The El Salvadorian legislative assembly voted to eliminate presidential term limits, a bold step toward consolidating political power.
The implications for crypto go beyond politics, as the move signals potential for more Bitcoin (BTC) accumulation.
El Salvador Expands Nayib Bukele’s Staying Power
The August 1 constitutional reforms, passed 57–3, allow President Nayib Bukele to seek re-election indefinitely. They also extend presidential terms from five to six years and postpone the next election to 2027.
Bukele is literally the most popular democratically-elected leader in the world.He took El Salvador from the murder capital of the world to the safest country in the Western hemisphere.When you get a once-in-a-century leader, you let him keep running for reelection.
— Geiger Capital August 1, 2025
The legislative overhaul comes at a moment when Bukele enjoys some of the highest approval ratings in the region, largely due to his iron-fisted crackdown on gang violence.
Yet critics, including human rights organizations and Western governments, argue that dismantling democratic checks could have long-term consequences.
Still, for the global crypto community, the implications go beyond politics. Bukele’s extended grip on power signals a continuation, and possibly expansion, of El Salvador’s Bitcoin-centric economic policy.
Since declaring Bitcoin legal tender in 2021, Bukele has positioned the nation as a symbol of financial sovereignty, even in the face of global skepticism.
Despite IMF pressure tied to a $1.4 billion credit program, which explicitly calls for a halt to further Bitcoin purchases, Bukele’s administration has continued to frame itself as an active Bitcoin accumulator publicly.
In late July, the government announced the acquisition of eight more BTC, purchased at an average price of $118,500 per coin. This brought the country’s total reported holdings to approximately 6,248 BTC, worth over $740 million.
EL SALVADOR JUST BOUGHT MORE BITCOIN
— The Bitcoin Office July 24, 2025![]()
Data on Arkham Intelligence corroborates the report, showing that the El Salvador government holds 6,255 BTC worth $719.9 million at current rates.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
TRON Ecosystem Enters a New Era of Decentralized Trading: SunPerp Launches Revolutionarily and Releases New Chinese Brand "孙悟空" (Sun Wukong)
The TRON ecosystem has launched its first decentralized perpetual contract exchange, SunPerp, which uses a hybrid architecture to achieve high-speed trading and on-chain fund custody. It has also released a Chinese brand named "Sun Wukong." Summary generated by Mars AI. This summary was generated by the Mars AI model, and its accuracy and completeness are still being iteratively improved.

Grayscale: The Credibility Crisis of Fiat Currencies and the Opportunities for Crypto Assets
This article summarizes the key points of the Grayscale Investment Report, which states that amid the continued disorderly expansion of U.S. public debt and rising bond yields, the credibility of the U.S. dollar is being challenged. This situation provides macro-level hedging value for crypto assets such as bitcoin and ethereum, driving them to become alternative stores of value.

Philanthropist or Predator? The Crypto Business of Global Top Influencer "MrBeast"
MrBeast's "two faces" in the crypto world

Vitalik Buterin and Dr. Xiao Feng jointly initiate the Ethereum Application Alliance (EAG), inviting global Ethereum builders to co-create a new paradigm of collaboration.
Xiao Feng and Vitalik jointly launched the "Ethereum Application Alliance" (EAG) initiative to promote the ecosystem's transition towards application-driven development.

Trending news
MoreCrypto prices
More








