Editor's PiCK
"President of El Salvador Expands Daily Bitcoin (BTC) Purchases... Aiming to Acquire an Additional 20,000 BTC"
Minseung Kang
Summary
- It has been reported that the President of El Salvador is expanding daily Bitcoin purchases.
- He announced that acquiring an additional 20,000 Bitcoin is set as an interim goal.
- Currently, El Salvador holds Bitcoin worth approximately $580 million.
Central American country El Salvador, the first in the world to adopt cryptocurrency as legal tender, is reportedly planning to continue expanding its Bitcoin (BTC) holdings.
According to Bitcoin Magazine, a cryptocurrency-focused media outlet, Max Keiser, Bitcoin advisor to El Salvador, stated, "President Bukele of El Salvador has significantly expanded daily Bitcoin purchases and has set an interim goal of acquiring an additional 20,000 Bitcoins."
Currently, El Salvador's Bitcoin holdings amount to 5,980.77 BTC, valued at approximately $580 million.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
