El Salvador’s Bitcoin Buying Spree Continues, Nation’s Stash Swells To Staggering 6,000 BTC

Since adopting Bitcoin as a legal tender back in 2021, El Salvador has pursued a consistent strategy of accumulating Bitcoin (BTC). This steady Bitcoin buying strategy, which has largely paid off since the asset’s price has soared, has continued up until now.

El Salvador crosses 6,000 Bitcoin milestone with latest purchase, portfolio up 105%

El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29. The country’s Bitcoin (BTC) treasury now stands at 6,000. 77 BTC, valued at approximately $561.

Bukele Is The President of El Salvador, Not Bitcoin

A good leader's first priority is to the well being of his people, not the whims of public gossip and banter.

El Salvador Agrees to Voluntary Bitcoin Usage in $1.4B IMF Loan Deal

El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF), which includes significant changes to its Bitcoin policies.

European Lawmaker Pushes For National Bitcoin Reserve, Cites El Salvador’s Resounding Success

Her push for a national Bitcoin reserve comes amid a historic market upsurge that has propelled BTC to new heights in recent weeks.

El Salvador grants Bitget a Bitcoin license amid $362 million profit boom

El Salvador’s Central Reserve Bank has officially granted Bitget a Bitcoin Service Provider (BSP) license, according to a Dec. 16 statement shared with CryptoSlate. This move grants the exchange legal authorization to facilitate Bitcoin-related services in the country, including converting Bitcoin to fiat currencies, processing Bitcoin payments, and securely managing Bitcoin custody.

MicroStrategy marks sixth consecutive week of Bitcoin purchase with additional 15,350 BTC for $1.5 billion

Michael Saylor-led MicroStrategy has purchased 15,350 Bitcoin for $1. 5 billion at an average price of $100,386 per coin, according to a Dec. 16 filing with the US Securities and Exchange Commission (SEC).