El Salvador’s Bitcoin HODL Strategy Pays Off as Nation Sees 55% Profit
President Nayib Bukele's recent disclosure reveals a doubling of the country's Bitcoin reserves, now at 5,689 BTC from 2,864 BTC.
President Nayib Bukele's recent disclosure reveals a doubling of the country's Bitcoin reserves, now at 5,689 BTC from 2,864 BTC.
With Bukele's party leading the polls, the El Salvadoran President, one of Bitcoin's most vocal proponents, could lead the Central
El Salvador plans to launch Bitcoin-backed bonds in Q1 2024, contingent upon the victory of Nayib Bukele's party in the
Bitfinex Securities El Salvador is currently accepting customer applications and has a pipeline of issuances awaiting launch.
Among those surveyed, 6.8% see life improvement with Bitcoin adoption in El Salvador, but the majority, 93.2%, remain unconvinced of
El Salvador's long-anticipated Volcano Bonds have received regulatory approval, paving the way for a rollout in 2024.
The current value of El Salvador's Bitcoin holdings has exceeded $130 million.
With El Salvador's Bitcoin investment currently in profit, Bukele wants critics to report the country's gains.
The volcano-themed dress follows a Bitcoin-themed outfit worn by Miss El Salvador last year.
An El Salvadorean election tribunal has certified President Nayib Bukele to run for reelection in 2024. At the same time,