El Salvador President Nayib Bukele announced that the country has expanded its Bitcoin reserves to 5,700 coins, worth more than $400 million at the current price of over $70,000.
- El Salvador is actively integrating Bitcoin into its economy, growing its cryptocurrency holdings.
- Earlier this month, Bukele announced that the country's bitcoins had been put to cold storage.
- El Salvador also enacted legislation providing citizenship to Bitcoin investors who give to the government.
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