CandleFocus El Salvador’s Prez Donates 2 Bitcoins For Education in Honduras
2024-10-24
Author: Content Editor
El Salvador's President Nayib Bukele has donated 2 Bitcoins, worth $133,000, to support the construction of 1,000 schools in Honduras. The donation was made to Japanese philanthropist Shin Fujiyama, who is dedicated to improving education for children in Honduras. The Salvadoran government has been purchasing 1 Bitcoin per day since March 16, and currently holds 5,913 BTC. This is part of El Salvador's ongoing efforts to adopt Bitcoin, despite pressure from the International Monetary Fund (IMF) to reconsider its Bitcoin policy. The price of Bitcoin has rebounded to over $67,000, with analysts predicting it may reach new highs in the coming weeks. Fujiyama, co-founder of Students Helping Honduras, is currently on a fundraising journey for children in Honduras.
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