El Salvador’s Bitcoin position has made more than 40% profit and has no plans to sell it yet
Salvadoran President Nayib Bukele tweeted that with the rise in Bitcoin prices, El Salvador's Bitcoin holdings have made profits of over 40%. Bukele also stated that El Salvador has no plans to sell Bitcoin.
It is reported that El Salvador's average holding cost is $44,292, and its national treasury holds a total of 2,381 Bitcoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
This Week’s Crypto Spotlight: LUNC, Avalanche, and the Unconventional Fartcoin
World Liberty Financial Acquires Ethereum Domains Linked to Trump Family
Official Trump Coin’s 415.65x Surge Causes Solana Congestion As Bulls Pivot To $12.4M Solaxy, Its First Layer-2 ICO
SEC Orders Ex-Genesis CEO to Pay $500K Penalty for Misleading Investors
Genesis suffered a $1 billion shortfall in 2022 due to the default of crypto hedge fund Three Arrows Capital (TAC).