Data: El Salvador Continues Daily Purchase of 1 BTC for 665 Days, Accumulating 5871 BTC

Article is form followin
September 12, 2024
This article is translated by ChatGPT Show original
Back Icon Image

Salvador Continues Daily Bitcoin Purchases: 665 Days and Counting

According to Spot On Chain, the Salvadoran government has been purchasing 1 Bitcoin every day for 665 consecutive days, regardless of market fluctuations. Currently, the government holds 5,871 Bitcoin, valued at approximately $342 million.

Of these, the average purchase price for the 3,046 publicly disclosed Bitcoin is just $43,888.

Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.