El Salvador reveals significant Bitcoin treasury holdings

In a recent announcement on X (formerly Twitter), President Bukele of El Salvador disclosed the nation’s substantial Bitcoin holdings, referring to it as “our first #Bitcoin piggy bank.” This revelation unveils a noteworthy development in the country’s approach to cryptocurrency management. Based on Thursday’s prices, the disclosed wallet contains 5,689.68 BTC, valued at approximately $411…

Read full story at Cryptopolitan >