Elon Musk Meets With El Salvador President- Details

Elon Musk Meets With El Salvador President- Details

Elon Musk and El Salvador president recently met to discuss new technologies like AI and others. Elon Musk, the American entrepreneur and President Nayib Bukele of El Salvador, recently held a meeting that attracted global attention. On Saturday, the CEO of Tesla and SpaceX shared that he had an “excellent conversation with President Nayib Bukele” […]

El Salvador Secures $31M Profit in 3 Years of Bitcoin Adoption

El Salvador Secures $31M Profit in 3 Years of Bitcoin Adoption

El Salvador currently holds more than $31 million in Bitcoin profit, despite the widespread initial criticism. El Salvador is celebrating its third anniversary of adopting Bitcoin as legal tender, a move the country implemented on September 7, 2021, to enhance financial inclusion, improve remittance efficiency, and attract financial innovation. President Nayib Bukele’s decision positioned El Salvador as […]

Bukele to Bitcoin Critics: Apologize or Retract

Bukele to Bitcoin Critics: Apologize or Retract

El Salvador President Nayib Bukele has called on the critics of his country’s bitcoin strategy to apologize, as the nation’s portfolio is now in the green. Bukele claims that El Salvador has made more than $3 million in profit from its bitcoin holdings and has no intention of selling. El Salvador made history in September […]

El Salvador to purchase 1 BTC daily

El Salvador to purchase 1 BTC daily

El Salvador’s President has declared that starting Nov. 17, the country will purchase 1 BTC daily. El Salvador currently holds 2,381 BTC with a total investment of $103 million. El Salvador, the first country in the world to accept Bitcoin as legal cash in September 2021, is restarting its BTC purchases after pausing for several […]

El Salvador acquires another 420 BTCs

El Salvador acquires another 420 BTCs

Salvadoran President Nayib Bukele is on a BTC buying spree, moreover, there are no signs of it coming to an end in the near future. According to a tweet from Bukele, the government took advantage of the latest Bitcoin decline by depositing 420 BTCs into its treasury earlier today.  “It was a long wait, but worth […]