El Salvador's President shares the country's #bitcoin☀️ success; Elon Musk responds with a 'one-word' reaction.
El Salvador's President Nayib Bukele announced that the nation's Bitcoin holdings have surpassed $600 million in value. In a post on X (formerly Twitter), Bukele shared a screenshot showcasing the remarkable growth of the country's Bitcoin portfolio, coinciding with the cryptocurrency reaching the $100,000 mark for the first time.
El Salvador initially invested approximately $269.7 million in Bitcoin and now holds a portfolio valued at around $603 million, resulting in an unrealized profit exceeding $333 million. With nearly 6,000 Bitcoin in its reserves, as reported by Arkham Intelligence, the nation continues to see significant returns. Tesla and SpaceX CEO Elon Musk, known for his support of cryptocurrencies, responded to President Nayib Bukele’s updates with a single word: “Impressive.”
