šøš» ElāÆSalvadorās Bitcoin Reserve Hits New AllāTime High
š£ JUST IN:
As Bitcoin surged past $122K, ElāÆSalvadorās strategic BTC stash ā managed by the Bitcoin Office ā now tops $760āÆmillion with over 6,237āÆBTC on the books .
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š Key Highlights
š° Total holdings: $760M)
Value has nearly tripled from initial investment (~$291M) to ~$760M ā revealing around $400M in unrealized gains .
Despite controversy and IMF pressure, President Nayib Bukeleās strategy paid off as BTC soared past $122K .
In 2021, ElāÆSalvador became the first country to adopt BTC as legal tender, alongside the U.S. dollar .
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š Why It Matters
Proof of concept? ElāÆSalvador shows how governmental BTC adoption can serve as a viable strategic reserve.
Setting a precedent: Their journey may inspire other nations to consider crypto as reserve assets.
Global attention: Amid a broader crypto rally, the country stands out as a bold adopter.
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š³ļø POLL:
āWill ElāÆSalvadorās BTC strategy influence other countries to follow suit?ā
ā Yes ā more nations will stack Bitcoin
ā Maybe ā only those with strong leadership
ā No ā too risky & volatile
𤷠Unsure ā need more evidence
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š Tap to vote & drop your thoughts below!
Is this a high-stakes gamble or a game-changing milestone for global finance?
#ElSalvador #Bitcoin #BTC #CryptoNews #CryptoAdoption #BinanceSquare #SovereignCrypto