Now two years later, according to SpotOnChain, the country’s Bitcoin holdings are currently valued at $516.43 million with $100.65 million of that being unrealized profit—that’s just shy of a 20% profit margin.
For note, unrealized profit is simply the difference between the price at which an asset was bought and its current value, this figure fluctuates with price movements. On top of this, it is rare that this much capital can be all sold at once. If they tried, El Salvador would experience ‘slippage,’ resulting in less than $100 million worth of profit.