Salvadoran President publicly reveals his wallet: "This is our Bitcoin piggy bank for the country."
El Salvador's purchase of a large amount of Bitcoin has yielded significant gains this year. President Nayib Bukele announced the country's "national wallet" on 3/15, referring to it as the "first Bitcoin piggy bank."
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El Salvador's large purchase of Bitcoin has yielded impressive returns this year. President Nayib Bukele announced the country's "national wallet" on 3/15, referring to it as the "first Bitcoin piggy bank."
In addition, he stated that they will invest 1 Bitcoin daily, with the first purchase starting on 3/16, and he announced the second purchase on 3/17 on Twitter. Furthermore, the wallet also includes other Bitcoin donations.
El Salvador disclosed the cold wallet address, which holds 5,690 Bitcoins, with only half being purchased.
The 1 #Bitcoin a day program just deposited today's #Bitcoin
Receipts: https://t.co/RohuJdqSxF https://t.co/Uu09goPjAD
— Nayib Bukele (@nayibbukele) March 16, 2024
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