Country Celebrates Bitcoin Gains
After Bitcoin recently crossed the $100,000 barrier, El Salvador’s President Nayib Bukele celebrated the historic milestone. The small Central American nation, which adopted Bitcoin as legal tender in 2021, now holds nearly 6,000 Bitcoin, with its portfolio value rising by a staggering 123.67% on a $269.7 million investment.
On December 5, Bukele revealed on Twitter that he had made an unrealized gain of $333.6 million, sparking a wave of praise from the crypto community. Even billionaire Elon Musk called the achievement “impressive.” Despite Bitcoin slipping back slightly to $98,000, El Salvador’s holdings are still worth a staggering $556.4 million.
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