Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Bukele assured that El Salvador will continue to buy 1 BTC every day

Market and Events: Bukele assured that El Salvador will continue to buy 1 BTC every day

El Salvador's leader Naib Bukele has promised that his country will invest in bitcoin. The plan is to purchase 1 BTC every day until bitcoin is "no longer available in traditional currencies."

The digital currency was announced in November 2022. Mr. Bukele announced his strategy to attract bitcoins using the dollar cost averaging (DCA) method.

Despite disapproval from various global financial institutions, El Salvador has stayed true to its bitcoin investments. This choice proved to be a very successful one, and by December 2023, the country had realized a profit of $3.6 million dollars.

By March 2024, bitcoin reached an all-time high of US$73,650. Thus, El Salvador received more than US$65 million in unrealized gains.

In addition, Naib Bukele revealed details about the state's cryptocurrency reserves. He revealed the address where 5689 BTC are securely stored.

Earlier, the president of El Salvador noted that the country obtains #bitcoins through citizenship registration, commercial currency exchange, #mining, public sector transactions, and buying bitcoins. In addition, the government has authorized the issuance of bitcoin-linked securities.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Press Releases: MEXC Q3 2025 Report Highlights Market Leadership Across New Listings, Security, and Ecosystem Growth
Global cryptocurrency exchange MEXC has published its Q3 2025 Ecosystem & Growth Report, highlighting sustained expansion in listings, user activity, product innovation, security, and..
Artificial Intelligence (AI): DeepSeek dominates AI crypto trading competition
The Chinese AI system DeepSeek showed impressive results in an experimental crypto trading competition, where several models traded with the same capital of $10,000..
Press Releases: MEXC Launches USDT & USDC Staking Gala: Earn 15% APR With Flexible Redemption and Up to 2,926 USDT
MEXC, a leading global cryptocurrency exchange, has officially launched the USDT & USDC Staking Gala, offering users the opportunity to earn up to 15% APR through a flexible redemption..
Press Releases: MEXC Launches ENA Extravaganza with $1 Million Prize Pool, Zero-Fee Trading and Up to 600% APR Staking
MEXC, a leading global cryptocurrency exchange, announced the launch of the ENA Extravaganza in collaboration with Ethena, offering new and existing users a $1 million prize pool alongside..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more