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El Salvador Purchases Additional $1.1 Million Worth of Bitcoin, Surpassing 6,067 Holdings

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JOON HYOUNG LEE
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  • El Salvador reported that it has purchased an additional 11 Bitcoins, bringing its total Bitcoin holdings to over 6,067.
  • The purchase amounts to $1.1 million, which is said to be an extension of El Salvador's policy of adopting Bitcoin as legal tender.
  • El Salvador had already adopted Bitcoin as legal tender in 2021.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

El Salvador has purchased an additional $1.1 million (approximately 1.6 billion KRW) worth of Bitcoin (BTC).

According to Bitcoin Magazine on the 4th, El Salvador bought 11 more Bitcoins today. The additional purchase by El Salvador amounts to $1.1 million.

With this purchase, El Salvador's Bitcoin holdings have surpassed 6,067. El Salvador was the first in the world to adopt Bitcoin as legal tender in 2021.

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gilson@bloomingbit.ioCrypto Journalist