El Salvador buys an additional 28 BTC over a week…holdings exceed 6318 BTC

Source
Minseung Kang

Summary

  • The government of El Salvador reportedly purchased an additional 28 BTC of Bitcoin over the past week.
  • As a result, El Salvador's total Bitcoin holdings reached 6318.18 BTC, with an estimated value of about $732 million.
  • El Salvador has continued a policy of purchasing 1 BTC daily since November 2022.

El Salvador's government reportedly purchased an additional 28 Bitcoin (BTC) over the past week.

On the 13th, according to El Salvador's government Bitcoin Office, the government bought 28 BTC over the past seven days. In particular, it was reported to have purchased 21 BTC in a single day on the 8th. As a result, El Salvador's total holdings increased to 6318.18 BTC, with an estimated value of about $732 million (about ₩1.02 trillion).

Meanwhile, El Salvador was the first country in the world to adopt Bitcoin as legal tender in 2021, and since November 2022 has continued a policy of purchasing 1 BTC daily.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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