🇸🇻 El Salvador's Bitcoin Journey 🇸🇻
El Salvador is making waves in the crypto world, now holding 5,779 Bitcoins since its bold adoption of BTC alongside the US dollar in 2021. This stash is worth around $390.5 million! 🚀
President Nayib Bukele's leadership has transformed the country into a Central American financial hub. With a fresh electoral mandate, Bukele continues to steer El Salvador on its innovative path.
Their Bitcoin holdings have grown through various channels, including mining operations powered by volcanic geothermal energy, which have produced 473 BTC (worth $31 million). The Freedom Visa program, accepting Bitcoin and USDT payments, is attracting 5,000 skilled individuals with free passports.
Bukele even announced buying 1 Bitcoin per day to boost holdings further. Infrastructure improvements and the Bitcoin Bond are also drawing more investors. 📈🌋
This strategy is boosting El Salvador's GDP and setting a trend for global institutional investors. Expect to see more countries following suit, enhancing crypto liquidity worldwide! 🌍💰