US Edition23 Articles
23 Articles
In July of this year, Carlos and Óscar Martínez, reporters from El Faro, attended a forum in San José, Costa Rica. They were supposed to fly back to San Salvador on the 13th, when they received a call from a reliable source. “Don’t come. They’re going to be stopped coming off the plane.”
El Salvador Acquires $100M in Bitcoin Amid Market Decline
El Salvador has made headlines again with its largest Bitcoin purchase to date, acquiring 1,090 BTC in one day, valued at over $100 million. This acquisition significantly boosts the country’s cryptocurrency reserves, which now total 7,474 BTC, worth an estimated $676 million. The purchase, confirmed by the Bitcoin Office and publicly announced by President Nayib Bukele, follows the nation’s ongoing commitment to buy 1 Bitcoin daily, a strategy …
El Salvador Buys $100 Million Worth of Bitcoin Amid Dip
Key Insights El Salvador has purchased 1,090 BTC for approximately $100 million, leveraging the asset’s recent price dip. The purchase comes as an attempt to bolster the country’s Bitcoin stash amid existing allegations from the International Monetary Fund (IMF). However, the latest acquisition coincides with a recent collapse in Bitcoin’s price below $90,000 for the first time since May 2025. El Salvador has acquired 1,090 BTC for approximatel…
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