On February 25th, recent data from the Salvadoran Ministry of Finance revealed that El Salvador has acquired an additional 7 Bitcoins amid a market dip, raising its total holdings to 6,088.18 Bitcoins. This significant investment now values the nation’s Bitcoin reserves at over $560 million. The latest purchase reflects El Salvador’s ongoing commitment to cryptocurrency, with the nation adding 8 Bitcoins to its reserves in the past week and 41 Bitcoins over the last month. This strategic accumulation showcases El Salvador’s proactive approach to leveraging the digital asset space, positioning itself within the global crypto landscape. As the country continues to integrate Bitcoin into its economy, market observers will closely watch how these acquisitions impact its overall financial stability and innovation within the blockchain sector.
Source: https://en.coinotag.com/breakingnews/el-salvador-expands-bitcoin-reserves-country-acquires-additional-7-bitcoins-amid-price-dip/