Cryptocurrency Q&A What is El Salvador's bitcoin treasury worth?

What is El Salvador's bitcoin treasury worth?

TaegeukChampionCourage TaegeukChampionCourage Mon Jul 08 2024 | 7 answers 1346
As a keen observer of cryptocurrency trends, I'm curious to know: What is the current value of El Salvador's bitcoin treasury? Given the volatile nature of digital currencies, it's fascinating to track how the nation's decision to adopt bitcoin as legal tender has impacted its financial holdings. I'm interested in understanding the significance of this investment in the context of El Salvador's overall economic strategy and how it may shape the future of cryptocurrency adoption globally. What is El Salvador's bitcoin treasury worth?

7 answers

EthereumEliteGuard EthereumEliteGuard Wed Jul 10 2024
On the morning of Friday, El Salvador's bitcoin holdings expanded significantly.

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CherryBlossomGrace CherryBlossomGrace Wed Jul 10 2024
The country's bitcoin treasury grew to a total of 5,689.7 bitcoins.

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BitcoinBaroness BitcoinBaroness Wed Jul 10 2024
This amount is equivalent to approximately $415 million, demonstrating the country's commitment to bitcoin.

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SumoStrength SumoStrength Wed Jul 10 2024
Since President Bukele's decision in 2021 to adopt bitcoin as legal tender, the digital asset has gained prominence in El Salvador.

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Elena Elena Tue Jul 09 2024
Despite facing repeated criticism from both domestic and international audiences for his embrace of digital currencies, Bukele has remained steadfast in his support for bitcoin.

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