El Salvador continues to acquire Bitcoin. President Nayib Bukele announced the purchase of 21 more BTC to mark the unique mirror date of the 21st century.
El Salvador's latest investment in BTC, valued at approximately $1,030,000, is intended to celebrate the mirror date and commemorate the limited supply of Bitcoin at 21 million mones. The purchase was carried out strictly according to the ritual, on 12/21/21 at 21:21:21.
In addition, Bukele emphasized that the area of El Salvador is 21,000 square kilometers.
After purchasing the first 400 BTC in early autumn, El Salvador celebrates various events and plays up significant dates and numbers by purchasing bitcoins. For example, the government “celebrated” Black Friday by purchasing 100 BTC.
Now the authorities are collecting money for the construction of Bitcoin City - a city with a blockchain embedded in the infrastructure and preferential conditions for miners. To provide them with energy, El Salvador will master geothermal energy production.
Subscribe to ForkNews in Telegram to keep up to date with news from the world cryptocurrency
You May Also Like
Iran tries to avoid US sanctions
Iran, following the example of North Korea, which began using Bitcoin during the economic crisis, is planning to do the same, given the difficult economic situation. Bitcoin is now more popular in the country than the national currency, the rial. In this regard, US State Department cybersecurity expert Morgan Wright believes that hackers will intensify Bitcoin extortion in the near future.
Bitcoin legalization ensures GDP growth in El Salvador
Bitcoin has brought the El Salvadoran economy to a new level and ensured GDP growth.
