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El Salvador's Ongoing Bitcoin Accumulation Strategy | Flash News Detail | Blockchain.News

El Salvador's Ongoing Bitcoin Accumulation Strategy

8/23/2024 2:03:06 AM

El Salvador's Ongoing Bitcoin Accumulation Strategy

According to @EmberCN, El Salvador has been purchasing 1 Bitcoin (BTC) daily for over 5 months, accumulating 160 BTC worth approximately $10.31 million. The government’s cold wallet address has been consistently buying BTC since March 16, bringing the total holdings to 5,850 BTC, valued at around $355.83 million. (Source)

Bitcoin BTC government El Salvador cold wallet

More from 余烬 (@EmberCN): Analyst about On-chain Analysis