Quote from: Student of Bitcoin on December 06, 2024, 03:08:16 AM

El Salvador gains $300 million plus from bitcoin holdings as bitcoin hits $100k milestone

Maybe their incredible success was possible only for investing in Bitcoin. Ever since this country adopted Bitcoin as tender, The price of Bitcoin was very low back then. Bitcoin continues to grow over time, increasing the value of the investment for Bitcoin holders around the world. Yesterday, Bitcoin price surged to over $104K, basically a different change in the Bitcoin market since Donald Trump won the election. Bitcoin has shown many surprises to all bitcoiners in 2024, with a few new ATHs this year and the latest hitting the $100k mark yesterday.

Nayib Bukele showed off a portfolio chart on Twitter yesterday. There it is clearly seen that their investment made a profit of $333 million dollars.

https://x.com/nayibbukele/status/1864506095131144278?t=eDeEOKitK2bS4dzu7LW6GA&s=19

Investing in Bitcoin has made them so successful. The President of this country announced on Twitter that their Bitcoin holdings have crossed $600 billion as you mentioned. The country's holdings have increased due to the rise in the price of Bitcoin, which led to Elon Musk, one of the world's richest men, praising them.

The President of El Salvador, Nayib Bukele, shares his success story with Bitcoin investments.

Source:
1. https://timesofindia.indiatimes.com/technology/tech-news/el-salvador-president-shares-the-countrys-bitcoin-success-gets-this-one-word-reply-from-elon-musk/articleshow/116046283.cms