President Bukele took to social media to highlight the unrealized gains from the country's bitcoin investments after the cryptocurrency topped $100,000 for the first time in history.
On the 5th of last month, when Bitcoin surpassed $100,000, Autism, a cryptocurrency-focused X (formerly Twitter) account,
Capital called on President Bukele to "disclose El Salvador's Bitcoin portfolio" and "overwhelm his critics."
Bukele responded by posting El Salvador's BTC holdings on X. According to Bukele's latest update, El Salvador has invested around $270 million in Bitcoin since its introduction.
He has invested $404.77 billion (approximately JPY 40.477 billion) and has never sold any Bitcoin. His current unrealized profits exceed $333 million (approximately JPY 50 billion).
El Salvador was the first country in the world to adopt Bitcoin as legal tender, and on September 7, 2021, it passed the Bitcoin Act.
On September 6, two days before, the government first
After that, El Salvador continued to buy Bitcoin. On November 17, 2022, Bukele signed a DCA (Dollar-Cash Exchange) account to buy 1 BTC every day.
Nayib, a platform that tracks bitcoin investments in various countries, announced that it will introduce a new "best averaging" strategy.
According to Tracker, El Salvador currently holds 6,180 BTC. The average purchase price is 40,473 per BTC.
The stock is estimated at $9.88, which represents a return of approximately 122% based on current market price.
2024/12/09 14:55 KST
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