Bitcoin
Bitcoin (BTC)
$62,687.00 1.20279
Bitcoin price
Ethereum
Ethereum (ETH)
$3,467.06 1.22618
Ethereum price
BNB
BNB (BNB)
$414.67 1.42979
BNB price
Solana
Solana (SOL)
$130.42 1.51792
Solana price
XRP
XRP (XRP)
$0.6228350 -1.05756
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000219 5.35435
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000057 38.08725
Pepe price
Bonk
Bonk (BONK)
$0.0000261 8.36439
Bonk price
Bitcoin
Bitcoin (BTC)
$62,687.00 1.20279
Bitcoin price
Ethereum
Ethereum (ETH)
$3,467.06 1.22618
Ethereum price
BNB
BNB (BNB)
$414.67 1.42979
BNB price
Solana
Solana (SOL)
$130.42 1.51792
Solana price
XRP
XRP (XRP)
$0.6228350 -1.05756
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000219 5.35435
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000057 38.08725
Pepe price
Bonk
Bonk (BONK)
$0.0000261 8.36439
Bonk price
Bitcoin
Bitcoin (BTC)
$62,687.00 1.20279
Bitcoin price
Ethereum
Ethereum (ETH)
$3,467.06 1.22618
Ethereum price
BNB
BNB (BNB)
$414.67 1.42979
BNB price
Solana
Solana (SOL)
$130.42 1.51792
Solana price
XRP
XRP (XRP)
$0.6228350 -1.05756
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000219 5.35435
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000057 38.08725
Pepe price
Bonk
Bonk (BONK)
$0.0000261 8.36439
Bonk price
Bitcoin
Bitcoin (BTC)
$62,687.00 1.20279
Bitcoin price
Ethereum
Ethereum (ETH)
$3,467.06 1.22618
Ethereum price
BNB
BNB (BNB)
$414.67 1.42979
BNB price
Solana
Solana (SOL)
$130.42 1.51792
Solana price
XRP
XRP (XRP)
$0.6228350 -1.05756
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000219 5.35435
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000057 38.08725
Pepe price
Bonk
Bonk (BONK)
$0.0000261 8.36439
Bonk price

El Salvador’s president affirms long-term Bitcoin strategy is successful

el-salvadors-president-affirms-long-term-bitcoin-strategy-is-successful
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News
El Salvador’s president affirms long-term Bitcoin strategy is successful

El Salvador’s president Nayib Bukele announces a complete recovery of the country’s Bitcoin investment, yielding a $3.62 million profit.

After facing criticism over supposed losses, President Nayib Bukele took to X to announce that El Salvador’s Bitcoin (BTC) investment has recovered 100% of its initial investment and generated a profit of $3.62 million at the asset’s current market price. 

President Bukele showed that the country’s portfolio currently sits at $130.8 million, an all-time increase of 2.84%, with profit realization based on the current Bitcoin market price. The president emphasized that selling Bitcoin is not the objective, as El Salvador remains committed to its long-term strategy. 

Bukele confirms that despite this success, the country has no plans to sell its Bitcoin holdings.

While acknowledging the cryptocurrency’s price fluctuations, the president called on critics to retract their statements, issue apologies, or recognize the country’s newfound profitability. 

Bukele concluded his post by challenging actual journalists to report this new reality, inviting them to stay tuned for updates on El Salvador’s Bitcoin journey.

The news comes just shy of two months later than an earlier report that revealed that El Salvador was on the verge of launching its inaugural Bitcoin mining pool through a partnership between Volcano Energy and Luxor Technologies. 

The initiative was said to decentralize mining and leverage renewable energy as part of the country’s larger demonstration to become a major crypto hub.

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