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Title: Salvadornak már több, mint 6000 bitcoinja van
According to the portfolio tracker, Salvador has already acquired more than 6,000 Bitcoins at an average price of $45,450. This is a significant milestone for the country, as it continues to aggressively accumulate Bitcoin reserves.
The government’s decision to purchase cryptocurrencies was taken in September 2021, when they first bought 200 Bitcoins. Since then, they have been steadily increasing their holdings, with a daily purchase strategy in place.
It’s worth noting that this acquisition is not just for the sake of diversifying their portfolio, but rather as part of their long-term strategy to promote Bitcoin adoption and make it a legitimate means of payment within the country. Salvador has made significant strides in this area, becoming the first country in the world to make Bitcoin a legal tender.
Despite criticism from international organizations like the IMF, which has requested them to reconsider their stance on cryptocurrency investments, Salvador remains committed to its course. In fact, according to Stacy Herbert, the director of the National Bitcoin Authority, they will continue to accelerate their Bitcoin purchases.
It’s also important to highlight that these purchases are not for speculative purposes but rather as a strategic asset for the country. This move is seen as a bold step towards financial freedom and stability, as well as a means to improve the economic welfare of its citizens.
As a result, it’s unlikely that they will sell their existing Bitcoin reserves, as these assets have become an integral part of their overall strategy.
Source: www.bitcoinbazis.hu
