Summary
- The El Salvadoran government reportedly purchased 8 additional Bitcoin over the past week.
- As a result, El Salvador’s total Bitcoin holdings have surpassed 6,221.18, amounting to approximately $668,500,000.
- It was reported that since 2021, El Salvador has been regularly acquiring Bitcoin.
The El Salvadoran government recently acquired 8 additional Bitcoin (BTC) over the past week, bringing total holdings to more than 6,221 BTC.
On the 28th (local time), the virtual asset (cryptocurrency) media outlet Odaily, citing official data from the El Salvador Ministry of Finance, reported, "El Salvador made a net purchase of 8 Bitcoin in the past 7 days, and its total holdings now amount to 6,221.18 BTC." This equates to approximately $668,500,000 based on current market value.
Since becoming the first country in the world to adopt Bitcoin as legal tender in 2021, El Salvador has regularly acquired Bitcoin.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
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