על סאַלוואַדאָר מוסיף צו ביטקאָין סטאַש, איצט האלט קימאַט $ 400 מיליאָן אין 'דיגיטאַל גאָלד'

El Salvador’s Bitcoin-loving leader Nayib Bukele has added to the country’s crypto holdings, which have swelled to almost $400 million in virtual currency.

In a Monday Twitter post, the popular President געוויזן אַוועק an address holding over 5,695 BTC. At today’s prices, that would mean the country holds over $391 million in digital coins. 

President Bukele’s administration was previously opaque about its Bitcoin buys. The leader would post on Twitter when he would buy the asset—even באָוסטינג that he’d snap it up naked or “in the toilet”—but exact figures could not be obtained from the government’s press office or website. 

ער דעמאָלט האט on the platform in 2022 that the country would buy 1 BTC every day. 

פריער דעם חודש, ער מודיע that the country had moved a “big chunk” of its holdings to cold storage, and revealed a crypto wallet address in the process.

President Bukele’s idea to put Bitcoin in the government’s coffers came after he מודיע that the asset would be made legal tender back in 2021—alongside the U.S. dollar. 

The policy was criticized by די ימף און יו. עס. פּאַלאַטישאַנז but the eccentric leader carried on with the plan.  

Despite El Salvador’s Bitcoin law, which asks businesses to accept BTC if they have the means to do so, דעקריפּט געפונען during a 2021 visit that Salvadorans weren’t using the asset much at all to buy things. 

Subsequent studies and polls באשטעטיקט that citizens in the tiny country weren’t crypto crazy, either. 

But Bukele is still wildly popular with Salvadorans after having cleaned up the country’s once sky-high crime טעמפּאָ. 

Human rights activists have argued that it has come at a cost, though, and that Salvadoran authorities have allegedly hurt innocent people in a massive gang crackdown that has imprisoned 1% of the population. 

Bukele nonetheless won reelection in February by a huge landslide. 

עדיטיד דורך Ryan Ozawa.