El Salvador continues to accumulate bitcoin, now holding 6,380 coins
According to ChainCatcher, data from the Ministry of Finance of El Salvador shows that the country continues to increase its bitcoin holdings by 1 BTC per day. Currently, El Salvador holds 6,380.18 BTC, with a total value of approximately $630 million. In the past 7 days, it has added 8 BTC to its holdings.
As BTC prices have declined, El Salvador's bitcoin investment is now showing an unrealized profit of $317 million, returning to the levels seen in April-May of this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DWF executive: Current volatility is normal for bitcoin and represents a buying rather than a selling opportunity
Expectations for a Fed rate cut in December weaken, leading to widespread declines in stocks, bonds, and currencies
