El Salvador has a floating profit of $12.6 million from its Bitcoin investment.

Samiksha · Post time 18-1-2024 12:37:12

Nayibtracker data indicates that El Salvador's Bitcoin investment currently has an unrealized profit of $12.6 million after two consecutive years of losses. The country started purchasing Bitcoin in September 2021, acquiring 700 BTC at prices ranging from $47,250 to $52,670 within two weeks. President Nayib Bukele praised this investment last month for turning losses into gains.

Ritu13 · Post time 18-1-2024 13:03:11

This country relies on Bitcoin for its livelihood.

Ritu77 · Post time 18-1-2024 18:29:52

For a whole nation, is such a high profile necessary?

Kahn332 · Post time 18-1-2024 22:22:06

What is El Salvador's stance on Bitcoin?

Kalkin995 · Post time 18-1-2024 22:40:50

The investment profit is in such a high amount in US dollars.