President Bukele tweeted that El Salvador bought another 150 bitcoins as the price fell.
El Salvador now holds 700 bitcoins in its accounts, which at current prices is about $32 million.
On September 7, El Salvador was the first in the world to legalize Bitcoin as legal tender. To support this initiative, the state deployed a network of crypto ATMs and introduced the Chivo application, with the help of which residents of the country can conduct transactions in Bitcoin.
Subscribe to ForkNews in Telegram to stay up to date with news from the world of cryptocurrencies
According to www.theblockcrypto.com
You May Also Like
Globacap issues first FCA-regulated equity tokens
Technology startup Globacap has announced the issuance of digital tokens representing ownership of shares. This “tokenization” process was carried out on the Globacap blockchain platform under the supervision of the UK Financial Conduct Authority (FCA) as part of the FCA's sandbox program, under which firms can test innovative products.
Markets responded by falling to the invasion of Ukraine
On the night of February 24, the Russian President announced the start of an operation “to liberate the occupied territory,” essentially declaring war on Ukraine. The stock, foreign exchange and cryptocurrency markets immediately reacted to the military actions.
