El Salvador continues to buy more Bitcoin every day, and now holds approximately $349 Million worth of BTC. The president has been buying 1 Bitcoin daily since late 2022, with the purchases being recorded on-chain since March 2024.
In the latest post on X, Arkham Intelligence reminded us that El Salvador is still buying Bitcoin.
REMINDER: El Salvador is buying
El Salvador holds $359.58M in BTC and they’re still buying – EVERY DAY
The government under @nayibbukele has been purchasing 1 BTC every day since late 2022, and has been recording purchases directly on-chain since March this year. pic.twitter.com/ZjNd2b3WV9
— Arkham (@ArkhamIntel) September 18, 2024
Based on on-chain data, Bitcoin is the only public asset that the El Salvador Government currently holds in its cryptocurrency portfolio. The country’s government continues to buy 1 BTC regardless of the price action, with the latest purchase being made 1-day ago at a price of $61K.
At the same time, its average purchase price currently stands at $59,358.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed