- El Salvador's president, Nayib Bukele, said Wednesday that his government has purchased an additional 420 bitcoin, increasing the total amount bought to date to 1,120 BTC.
- The fresh purchase is worth roughly $24.7 million at current prices, according to market data from TradingView. As of press time, bitcoin is currently trading on Coinbase at roughly $58.9K, per TradingView.
- The latest purchase comes more than a month after Bukele announced the purchase of 150 BTC, adding to the 550 BTC it bought previously. "We just bought the dip!" Bukele tweeted Wednesday, using a similar framing as the September 20 purchase event.
- Bitcoin became legal tender in El Salvador on September 7 following the passage of a law this summer.
Thursday, October 28, 2021
EL SALVADOR ANNOUNCES PURCHASE OF 420 BITCOINS, WORTH NEARLY $25 MILLION ⚡💰
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment