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El Salvador's BTC position currently has an unrealized profit of 84 million US dollars

El Salvador's BTC position currently has an unrealized profit of 84 million US dollars

2024/03/12 07:57
BTC+0.23%

El Salvador's BTC national treasury had unrealized profits of $84 million when it first started purchasing Bitcoin in September 2021. Bitcoin has risen by 250% in the past year, and as of this Tuesday, the country's Bitcoin national treasury has exceeded $206 million, an increase of 69% from the initial capital to date. Data shows that the country holds 2,681 BTC acquired through 12 separate purchases at an average cost of $42,600 each.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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