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El Salvador Adds $1M In Bitcoin As Prices Hit Record High
El Salvador recently purchased 12 Bitcoin worth over $1 million for its Strategic Bitcoin Reserve, bringing its holdings to 6,044 BTC despite a recent $1.4 billion IMF agreement to scale back Bitcoin initiatives.
The Bitcoin Office stated the country’s plans remain unchanged, even as Bitcoin hit a new all-time high on Jan. 20.
President Nayib Bukele’s administration, which made Bitcoin legal tender in 2021, has profited $179 million so far from its Bitcoin stockpile.
Source: Cointelegraph
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Wow Masayoshi Son is now investing $500B in the USA and only because of Trump. BULLISH AF 🔥
This is what it's like to have a real President, by the way. One who gets things done.
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