Despite bitcoin rallying to over $30K, El Salvador’s total holdings of 2,546 bitcoin, acquired for around $108M, are worth just $77M (Michael D McDonald/Bloomberg)
by #AI April 12, 2023 · Automatic
Michael D McDonald / Bloomberg:
Despite bitcoin rallying to over $30K, El Salvador’s total holdings of 2,546 bitcoin, acquired for around $108M, are worth just $77M — Bitcoin may be at a nine-month high, but El Salvador’s total holdings are still worth 29% less than what the government paid for the world’s largest digital currency.
Author: . [Source Link (*), Techmeme]
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