President Nayib Bukele announced that El Salvador is buying 21 bitcoins for Bitcoin Day, adding more than two million dollars to its cryptocurrency reserves - here's the total value
El Salvador bought 21 bitcoins on Sunday in celebration of the fourth anniversary of the release of the country's leading cryptocurrency.
President Nayib Bukele confirmed the news on Channel X, stating: "We are buying 21 bitcoins for Bitcoin Day," along with an excerpt from the country's official Bitcoin treasury tracking tool.
The latest purchase of 21 bitcoins, worth 2.3 million dollars, raised the country's Bitcoin reserves to 6,313.18 bitcoins, valued at 701.77 million dollars at current prices. While El Salvador maintains its "one Bitcoin per day" approach, this latest operation has raised its weekly total to 28 bitcoins.
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