'I Told You So': Bukele Takes Victory Lap as El Salvador Bitcoin …
2 days ago · El Salvador has been stockpiling Bitcoin since 2021, the same year the country made the orange coin legal tender.With Bitcoin’s recent spike in value, El Salvador’s President Nayib Bukele took to Twitter to brag, as the country hit $100 million of unrealized profit. “I told you so,” Bukele said on Twitter.. This comes after the President faced backlash for integrating Bitcoin so ...
El Salvador is now in $200 million profit on their Bitcoin bet
3 days ago · El Salvador’s total Bitcoin holdings chart. Source: Bitcoin Office. To this end, El Salvador’s Bitcoin holdings have generated an unrealized profit of about $203.10 million, representing a 75% gain on its investment. Most of the profits have been realized in 2024 with returns of $196.33 million or 71% year-to-date.
El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story …
1 day ago · Put another way, the value of Bhutan's bitcoin holdings amounts to more than one-third of the country's GDP of just under $3 billion. El Salvador's $500 million in bitcoin amounts to just 1.5% of ...
El Salvador's Bitcoin Bet Is Paying Off—Here's How Much
3 days ago · El Salvador, the first nation state to adopt Bitcoin BTC/USD as a means of payment, is up $68 million on its investments, according to on-chain analysis. What Happened: Spotonchain data shows El ...
Bitcoin rally: Is El Salvador's Bitcoin bet paying off? - BBC
Dec 6, 2023 · El Salvador's president is celebrating after a Bitcoin reserve he bought with public money has entered the black amid the continuing Bitcoin price rise. Since 2021, Nayib Bukele has spent...
El Salvador Embraces Future With Bitcoin As Bukele Secures ... - Forbes
Feb 5, 2024 · Nayib Bukele's re-election as El Salvador's President in a landslide victory is not just a political triumph but also affirmation of the country's ongoing bitcoin adoption.
El Salvador Invites Bitcoin Millionaires To Rebuild The Country - Forbes
Dec 12, 2023 · El Salvador unveiled its Freedom Visa program last week, aiming to receive $1 billion through donations, in an effort to attract at least 1,000 high-net-worth individuals who will allocate $1...
In Global First, El Salvador Adopts Bitcoin as Currency
Sep 7, 2021 · MEXICO CITY — El Salvador on Tuesday became the first country to adopt Bitcoin as legal tender, allowing the cryptocurrency to be used in any transaction, from buying a cup of coffee to paying...
El Salvador becomes first country to adopt bitcoin as legal tender
Jun 9, 2021 · El Salvador has become the first country to make bitcoin legal tender, a move President Nayib Bukele hailed as a historic step towards financial inclusion and economic growth for the poor...
Bitcoin: El Salvador makes cryptocurrency legal tender - BBC
Jun 9, 2021 · El Salvador has become the first country in the world to officially classify Bitcoin as legal currency. Congress approved President Nayib Bukele's proposal to embrace the cryptocurrency,...