{"id":486681,"date":"2024-03-07T11:29:32","date_gmt":"2024-03-07T11:29:32","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=486681"},"modified":"2024-03-07T11:29:32","modified_gmt":"2024-03-07T11:29:32","slug":"el-salvador-earns-54-million-profit-on-bitcoin-investment-as-nations-btc-holdings-surge-past-159-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/el-salvador-earns-54-million-profit-on-bitcoin-investment-as-nations-btc-holdings-surge-past-159-million","title":{"rendered":"El Salvador Earns $54 Million Profit On Bitcoin Investment As Nation’s BTC Holdings Surge Past $159 Million"},"content":{"rendered":"
El Salvador President Nayib Bukele’s bet on Bitcoin is looking good, with the nation’s investment soaring past $159 million and profits reaching almost $54 million.<\/p>\n
El Salvador’s president <\/span>announced<\/span><\/a> in mid-November 2022 that the country’s government would purchase one BTC daily. It has since accumulated about 2,380<\/a> BTC at an average price of $44,300 that are worth about $159 million with BTC trading at $66,973 as of 10.57 a.m. EST. <\/span><\/p>\n Still waiting… https:\/\/t.co\/FkKs2rRP1Q<\/a> pic.twitter.com\/X6UyAsoTIz<\/a><\/p>\n — Nayib Bukele (@nayibbukele) March 4, 2024<\/a><\/p><\/blockquote>\n\n