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Current status of El Salvador, which designated and purchased Bitcoin as legal tender

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El Salvador, investing in Bitcoin
Achieved $200 million
Reporter Choi Chang-hwan
2024-11-11 07:48
2 Minutes Read
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[Block Media Reporter Choi Jang-hwan] Ul Salvador is raining
It has been about 3 years since Tcoin All was adopted as legal tender.
We are seeing the fruits of this. Bitcoin’s recent
The price hit an all-time high of $80,000.
The country’s Bitcoin holdings are about 200 million.
Fanball said it recorded a valuation profit of more than a dollar
There is a report on the 10th (local time).

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As of November 10, El Salvador had a total
It holds 5,930.77 BTC, and as of next day,
At market price, it is worth about 470 million dollars.
Accordingly, Ul Salvador’s Bitcoin holdings
The resulting valuation profit was approximately $203.1 million; two
We are looking at a ratio of 75.769 compared to the original amount.
More than $190 million in 2024 alone
The number of people was recorded. 71% profit compared to the beginning of the year
Solve:
$471,187,080.00
71.43%
$196,336,985.74
Total Profit
75.76%
$203,104,354.20

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1. Bitcoin recorded the highest price in history thanks to the power of the Trump Elon Musk duo

2. El Salvador designated Bitcoin as legal tender in 2021 and purchased a total of 5,930 Bitcoins, which was controversial at the time.

3. Currently 75%, making profits worth about 285 billion won in Korean money.

El Salvador’s investment seems to have been very successful.

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