Since 2021, El Salvador has been investing in Bitcoin and made it legal tender. Their president, Nayib Bukele, recently bragged about the country’s $100 million of unrealized profit from Bitcoin. In 2022, the International Monetary Fund warned that Bitcoin could destabilize El Salvador’s economy, and Bloomberg claimed that the country’s Continue Reading
El Salvador
El Salvador’s Bitcoin Success: Bukele’s Vision Thrives
“Bitcoin Assets Soar in El Salvador and Bhutan.”
El Salvador and Bhutan have seen significant increases in their Bitcoin holdings as the value of Bitcoin approache s $90,000, resulting in millions of dollars of added value to their crypto assets during the latest market rally. Source
El Salvador Accumulates 1 BTC Per Day Reaching 59297 BTCs
The Bitcoin Office of El Salvador announced that the country is still buying 1 BTC every day. Its current Bitcoin holdings have reached 5929.7 BTCs, which are worth about US$470 million. Source
El Salvadors President Nayib Bukele and US President-elect Donald Trumps Private Phone Conversation
Nayib Bukele, president of El Salvador, had a conversation with Donald Trump, the newly elected President of the United State s. They talked about Trump’s victory in the election, Bukele’s close call with death, and their shared goals for the future. Source
El Salvador Bitcoin Holdings Drop
El Salvador’s Bitcoin Holdings Drop Nearly 20% to $330 Million Investing El Salvador’s bold experiment with Bitcoin has been a topic of global fascination since its inception. The small Central American country made headlines when it adopted Bitcoin as legal tender, aiming to revolutionize its economy and position itself as Continue Reading