El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days …
2 days ago · Last Friday, however, El Salvador purchased more than 11 BTC worth $1.07 million, and they executed another 11 BTC purchase on Sunday, per the crypto data platform Arkham.. BTC advocate Max Keiser, who works as the “senior Bitcoin advisor” to El Salvador President Nayib Bukele, says Bukele is ramping up buys “with an interim goal of …
El Salvador's president is triumphant after his bet on bitcoin …
Dec 6, 2024 · SAN SALVADOR, El Salvador (AP) — As bitcoin reached historic highs, surpassing $100,000 for the first tim e, El Salvador’s President Nayib Bukele was triumphant on Thursday about his big bet on the cryptocurrency.
El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin
Dec 19, 2024 · El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies. The global lender said risks related ...
El Salvador says it will keep buying bitcoin despite IMF warning
Dec 19, 2024 · On Wednesday, El Salvador struck a $1.4 billion loan deal with the IMF, as part of which the government of President Nayib Bukele agreed that it would scale back its bitcoin policies.
El Salvador’s Bitcoin gains top $300M — President - Cointelegraph
Dec 8, 2024 · El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price. Salvadoran President Nayib Bukele highlighted the...
El Salvador to Dial Back Bitcoin Ambitions for IMF Loan, Report …
Dec 9, 2024 · El Salvador may pull back on a mandate requiring businesses to accept bitcoin as payment, the FT reported. Sources expect this could unlock a $1.3 billion IMF loan. El Salvador embraced bitcoin...
Bitcoin rally: Is El Salvador's Bitcoin bet paying off? - BBC
Dec 6, 2023 · El Salvador's president is celebrating after a Bitcoin reserve he bought with public money has entered the black amid the continuing Bitcoin price rise. Since 2021, Nayib Bukele has spent...
El Salvador Has Thousands More Bitcoins Than Previously Known - CoinDesk
Mar 15, 2024 · Bitcoin-forward Central American nation El Salvador this week moved $400 million worth of bitcoin (BTC) – "a big chunk" – into a cold wallet, according to its President, Nayib Bukele. In a post...
El Salvador Embraces Future With Bitcoin As Bukele Secures ... - Forbes
Feb 5, 2024 · Nayib Bukele's re-election as El Salvador's President in a landslide victory is not just a political triumph but also affirmation of the country's ongoing bitcoin adoption, garnering more...
El Salvador mined nearly 474 bitcoins, adding to state crypto …
May 14, 2024 · El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to...