Cryptocurrency Q&A
Does El Salvador own bitcoin?
Does El Salvador own bitcoin?
DongdaemunTrend
Wed Jan 22 2025
|
5
answers
720
I'm curious if El Salvador, as a country, has invested in or owns any bitcoin. I've heard about countries exploring cryptocurrency options, and I want to know if El Salvador is one of them, specifically with regards to Bitcoin ownership.
Previous
How do local governments raise money to fund services and social programs?
Next
How to exchange foreign currency cash in India?
5 answers
BlockProducer
Thu Jan 23 2025
This represents a slight increase from mid-March's figure of approximately 5,690 bitcoins.
Was this helpful?
135
95
Dario
Thu Jan 23 2025
With bitcoin's current price hovering just above $70,000, El Salvador's Bitcoin stack is now worth more than $400 million.
Was this helpful?
241
25
GyeongjuGloryDaysFestivalJoy
Thu Jan 23 2025
El Salvador has been making headlines for its bold move to adopt Bitcoin as legal tender in 2021.
Was this helpful?
131
43
Martina
Thu Jan 23 2025
The Central American nation has been actively increasing its holdings of the digital currency.
Was this helpful?
120
57
Michele
Thu Jan 23 2025
On Monday, President Nayib Bukele announced that El Salvador now owns 5,700 bitcoins.
Was this helpful?
93
75
Related questions
- Does bitcoin work in El Salvador?
- What Spanish country uses Bitcoin?｜On September 7, 2021, the Bitcoin Law came into effect and bitcoin became legal tender in , making it the first country in the world to do so.El Salvador
- Which Spanish country uses Bitcoin?｜became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021.El Salvador
