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How many bitcoins did El Salvador acquire?

avatarJatin Kumar SinhaDec 16, 2021 · 3 years ago3 answers

Can you provide more information about the number of bitcoins that El Salvador acquired?

How many bitcoins did El Salvador acquire?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    El Salvador recently made history by becoming the first country to adopt Bitcoin as legal tender. As part of this move, the government purchased 400 bitcoins, worth approximately $20 million at the time of purchase. This acquisition is a significant step towards embracing the potential of cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    El Salvador acquired 400 bitcoins, which is equivalent to around $20 million. This purchase is a bold move that showcases the country's confidence in the future of digital currencies.
  • avatarDec 16, 2021 · 3 years ago
    El Salvador's decision to acquire 400 bitcoins demonstrates their commitment to embracing the potential of cryptocurrencies. This move is expected to attract more investments and boost the country's economy. As a leading digital currency exchange, BYDFi is excited to see this development and believes it will pave the way for other countries to follow suit.