El Salvador Doubles Down on Bitcoin
El Salvador continues to deepen its engagement with the digital currency market, particularly Bitcoin, through a series of strategic moves that underscore its commitment to cryptocurrencies. President Nayib Bukele recently announced El Salvador's plan to buy one bitcoin every day, intending to continue this practice until it is no longer available for fiat currencies. This initiative has brought the country's bitcoin holdings to 5,690 BTC, valued at approximately $400 million dollars.
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