Happycoin.club - El Salvador, one of the first countries to accept Bitcoin as legal tender, continues its "1 BTC a day" program, buying cryptocurrency during recessions.

According to BitInfoCharts, the government-owned wallet address buys 1 Bitcoin (BTC) per day. Data shows that the government of El Salvador has been strategically accumulating BTC through a cold wallet since March.

El Salvador began purchasing BTC on a daily basis in November 2022, when the country’s President Nayib Bukele presented the corresponding program.

In March, Bukele stressed that El Salvador would continue to buy 1 bitcoin per day until it “became unavailable for purchase with fiat currency.” In February, the president of the Latin American country assured that they currently do not intend to sell their Bitcoin reserves.

In addition, El Salvador transferred a “significant share” of its crypto assets to a cold wallet, which Bukele called the country’s “first Bitcoin piggy bank.”

According to available data, El Salvador received part of his bitcoins from the Bitfinex crypto exchange. In addition, according to Reuters, over the past three years, El Salvador has independently mined 474 BTC using geothermal energy from the Tecapa volcano.

El Salvador's unwavering commitment to buying Bitcoin and its ambitious goals reflects the country's belief in cryptocurrency. And the depreciation only contributes to the implementation of this plan.