El Salvador government adds $100M worth of Bitcoin amid market dip
Crypto Briefing
El Salvador purchased 1,091 Bitcoin, valued at over $100 million, during a recent market dip.Summary
The government of El Salvador has expanded its Bitcoin reserves by acquiring 1,091 BTC, worth more than $100 million, taking advantage of a recent market dip. This action aligns with the nation's ongoing strategy of accumulating the cryptocurrency during price downturns, a policy implemented since Bitcoin became legal tender in 2021. With this latest acquisition, El Salvador's total Bitcoin treasury now stands at approximately 7,474 BTC, valued at around $688 million.
(Source：Crypto Briefing)