Home - Bitcoin - El Salvador Buys 21 BTC on 21st December 2021

Coinposters

December 22, 2021

El Salvador Buys 21 BTC on 21st December 2021

After adopting Bitcoin (BTC/USD) as legal tender in September of this year, El Salvador has continued to accumulate BTC to commemorate various anniversaries. President Nayib Bukele announced yet another purchase of the flagship cryptocurrency, stating that the nation purchased 21 BTC on December 21, 2021 to commemorate the day. These funds are now valued $1,021,742.61 (£767,650.55) at the time of writing.

And today is the last 21st day of the year 21 of the 21st century https://t.co/9BitXCyDVs

— Nayib Bukele (@nayibbukele) December 22, 2021

According to Reuters, the Central American country had 1,120 bitcoins in its treasury before the transaction, bringing its total to 1,141 bitcoins. El Salvador aims to purchase another $500 million worth of the world’s most valuable cryptocurrency by market value, with the money coming from the sale of $1 billion in tokenized bonds.

The largest cryptocurrency, Bitcoin (BTC), was trading at $49,017.39 at 5:30 p.m. IST, up 0.59 percent in the previous 24 hours. Bitcoin’s market share in the cryptocurrency market is now 40.38 percent, down 0.51 percent in the previous 24 hours. Ethereum (ETH) was trading at $4,031.25 and had gained 0.27 percent in the past 24 hours, while Binance Coin (BNB) was trading at $537.08 and had gained 1.10 percent. Solana (SOL) increased 3.69 percent to $185.99, while Cardano (ADA) increased 8.69 percent to $1.36.

Share
Also Read:  Countries That Have Banned/Restricted Crypto