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.
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.