Tag Archives: Salvadors

Inside El Salvador’s $569 Million BTC Strategy

Inside El Salvador’s 9 Million BTC Strategy

A country in Central America continued to invest in Bitcoin as the nation beefed up its BTC reserves to more than $500 million. El Salvador purchased additional coins to increase its holdings to over 6,000 units, allowing the Central American country to join the 6,000 Bitcoin club. BTC Investment Up By 108% El Salvador President Nayib Bukele further solidified Bitcoin …

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El Salvador’s Bitcoin stash hits 6,000 BTC, worth $569M

El Salvador’s Bitcoin stash hits 6,000 BTC, worth 9M

El Salvador has become the sixth country to currently hold more than 6,000 Bitcoin (BTC), further solidifying the cryptocurrency’s status as a treasury asset for President Nayib Bukele’s country. El Salvador acquired another 1 Bitcoin (BTC) on Dec. 29, pushing the country’s holdings to 6000.77 Bitcoin, currently worth $569.3 million, according to The National Bitcoin Office of El Salvador’s portfolio …

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