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 Expands Bitcoin Holdings, Purchases 11 BTC in Single …
1 day ago · El Salvador, the first country to adopt Bitcoin as legal tender, has once again increased its cryptocurrency holdings with the purchase of 11 BTC. This move, confirmed by President Nayib Bukele via a tweet on January 8, 2025, highlights the government’s continued commitment to Bitcoin, despite fluctuations in the global market.
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’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 Change Bitcoin Law as Part of New IMF Deal: FT
Dec 9, 2024 · El Salvador may soon strike a deal with the IMF. The agreement would reportedly involve El Salvador making bitcoin acceptance among Salvadoran merchants voluntary instead of compulsory.
El Salvador buys 11 BTC only a day after reaching a deal with IMF
Dec 20, 2024 · El Salvador bought $1 million worth of Bitcoin a day after striking a $1.4 billion deal with the International Monetary Fund that stipulated limits on dealing with the cryptocurrency.
El Salvador sits on $300 million-plus profit as bitcoin hits a ...
Dec 5, 2024 · El Salvador made bitcoin legal tender in mid-2021, becoming one of the few countries in the world to do so, and at a time when the No. 1 cryptocurrency was trading at around $36,000.
El Salvador says it will keep buying bitcoin despite IMF warning
Dec 19, 2024 · SAN SALVADOR (Reuters) -El Salvador said on Thursday it would keep buying bitcoin, possibly at an accelerated pace, a day after the government reached a financing agreement with the International...
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 strikes $1.4bn IMF deal after scaling back Bitcoin
Dec 19, 2024 · In 2021, El Salvador became the first country in the world to make bitcoin legal tender. This week, the cryptocurrency briefly hit a fresh record high of more than $108,000.