Back to the list

El Salvador announces purchase of 420 bitcoin, worth nearly $25 million

www.theblockcrypto.com 27 October 2021 21:36, UTC
Reading time: ~2 m

El Salvador's president, Nayib Bukele, said Wednesday that his government has purchased an additional 420 bitcoin, increasing the total amount bought to date to 1,120 BTC.

The fresh purchase is worth roughly $24.7 million at current prices, according to market data from TradingView. As of press time, bitcoin is currently trading on Coinbase at roughly $58.9K, per TradingView. 

The latest purchase comes more than a month after Bukele announced the purchase of 150 BTC, adding to the 550 BTC it bought previously. "We just bought the dip!" Bukele tweeted Wednesday, using a similar framing as the September 20 purchase event. 

Bitcoin became legal tender in El Salvador on September 7 following the passage of a law this summer. 

Back to the list

Similar news
Suggest news

El Salvador buys more Bitcoin
www.thecoinrepublic.com 28 October 2021 17:42, UTC
El Salvador Buys Dip by Adding 420 Bitcoins Worth $25 Million
www.coinspeaker.com 28 October 2021 14:38, UTC
El Salvador Buys More Bitcoin: 420 BTC Added to Treasury
news.bitcoin.com 28 October 2021 12:00, UTC
El Salvador Acquired 420 More Bitcoins
bctd.news 28 October 2021 07:17, UTC
El Salvador Buys the Bitcoin Dip, Adding 420 More BTC
beincrypto.com 28 October 2021 05:30, UTC
El Salvador Bought the Bitcoin Dip | Finance Magnates
www.financemagnates.com 28 October 2021 04:20, UTC
El Salvador President Heaps Up 420 Bitcoin As Market Corrects
bitcoinworld.co.in 28 October 2021 03:38, UTC
El Salvador Bought the Bitcoin Dip for Nearly $25 Million
cryptoknowmics.com 28 October 2021 03:30, UTC
El Salvador buys a smokin' hot 420 more Bitcoin
cointelegraph.com 27 October 2021 22:49, UTC