Nayib Bukele Update on El Salvador Bitcoin Holdings Shows Growing Stack
At the current price just above $70,000, the nation now holds about $400 million worth of bitcoin.
El Salvador
El Salvador Doubles Down on Bitcoin
The country is setting a precedent for others to follow, Moonwalker Capital Tatiana Koffman writes.
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
El Salvador Has Thousands More Bitcoins Than Previously Known
The Central American nation moved $400 million in BTC into a cold storage wallet this week.
First Mover Americas: Ether Options Traders Prepare for Downside
The latest price moves in bitcoin (BTC) and crypto markets in context for March 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.
El Salvador’s Bitcoin-Friendly President Nayib Bukele Wins Re-Election
The country in 2021 became the first nation to adopt bitcoin as legal tender.
El Salvador’s BTC Bet Is $13M in Profit as Bitcoin ETF Approval Approaches
El Salvador is sitting on a $12.6 million unrealized profit on its bitcoin investment after being in the red for two years.
World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador
The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest.
El Salvador Could Rake in $1B Bitcoin Investment Per Year With New ‘Freedom VISA’
The country’s treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far.