• El Salvador’s Bitcoin holdings hit 5.87k BTC by Sept 1, 2024, showing steady growth.

• Bitcoin’s price ranged from $57.9K to $58.5K in early Sept, highlighting market volatility.

• President Bukele admits adoption challenges but stays committed to Bitcoin inclusion.

El Salvador remains committed to Bitcoin, as evidenced by its growing holdings throughout August 2024. Despite facing hurdles in achieving widespread crypto adoption, the country continues to buy the dip, demonstrating its unwavering belief in Bitcoin’s potential.

El Salvador continues to buy the dip #Bitcoin pic.twitter.com/PQWLKCQFdl

— Simply Bitcoin (@SimplyBitcoinTV) September 2, 2024

Throughout August 2024, El Salvador’s Bitcoin balance slowly increased, reaching approximately 5.87k BTC by September 1, 2024. The Bitcoin balance history chart reveals a consistent accumulation pattern, with the account receiving small but noticeable amounts of Bitcoin.

Source: Simply Bitcoin

On September 1, 2024, the balance held steady at 5.86K BTC, showing a recent increase of +0.00000546 BTC. This upward trend displayed a strategic approach to Bitcoin acquisition, possibly through joined transactions …

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