Summary
- The government of El Salvador has reportedly purchased an additional 8 Bitcoins over the past week.
- El Salvador's total Bitcoin holdings have surpassed 6,200.18, valued at approximately $652 million based on the current market price.
- El Salvador was the first country in the world to adopt Bitcoin as legal tender in 2021 and has continued to purchase it since.
The government of El Salvador has recently purchased an additional 8 Bitcoins (BTC) over the last week, pushing its total holdings to over 6,200.
On the 7th (local time), crypto-focused media BlockBeet cited official data from the Ministry of Finance of El Salvador, reporting that "El Salvador had net purchased 8 Bitcoins over the past 7 days, bringing its total holdings to 6,200.18 BTC." Based on current market prices, the value of these assets is approximately $652 million.
Meanwhile, El Salvador became the first country in the world to adopt Bitcoin as legal tender in 2021 and has continued to purchase Bitcoin since then.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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