El Salvador’s Bitcoin Holdings Surge Amid Global Interest
- El Salvador’s Bitcoin holdings are valued at over $644 million, increasing by $137 million in one month.
- The country added 30 BTC last month despite IMF loan conditions limiting public-sector crypto purchases.
- Bitcoin’s value briefly hit $106,500 before settling at $103,172.
- The U.S. and Bhutan are also exploring national Bitcoin reserves.
El Salvador’s Bitcoin investments have surged to over $644 million, with a recent addition of 30 BTC contributing to a $137 million increase in value over the past month. This growth occurs as other countries like the U.S. and Bhutan show interest in establishing national Bitcoin reserves.
Source (2.6)https://decrypt.co/320814/el-salvadors-bitcoin-bet-swells-to-644m-as-rally-boosts-sovereign-holdings?rand=52368
