CandleFocus How Much Bitcoin El Salvador Owns Updated: They Used to Buy 1 BTC Every Day, Here’s Their BTC Stash
2024-09-18
Author: Content Editor
The El Salvadoran government, led by President Nayib Bukele, continues to buy 1 Bitcoin (BTC) every day as part of its strategy. The government currently holds a total of 5,877 BTC, with daily purchases starting in late 2022. This commitment to Bitcoin follows El Salvador's decision to adopt BTC as its official currency in 2021. The move has received global attention, but Bukele acknowledges that adoption has been slower than expected. Nonetheless, the government remains optimistic and continues to purchase Bitcoin daily.
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