June 4, 2025

El Salvador Overtakes North Korea in Bitcoin Holdings After Lazarus Group’s Reduction

1 min read

Two weeks prior, North Korea’s cybercriminal network Lazarus Group maintained a stash of 7,813 BTC—then worth $856 million. Since that point, the group has liquidated approximately 1,938 BTC, shedding more than $212 million in value. As a result of this reduction, El Salvador now outranks Pyongyang, claiming the title of the fourth-largest sovereign bitcoin holder.

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Source: Bitcoin.com

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