El Salvador's president is triumphant after his bet on bitcoin …
Dec 6, 2024 · SAN SALVADOR, El Salvador (AP) — As bitcoin reached historic highs, surpassing $100,000 for the first tim e, El Salvador’s President Nayib Bukele was triumphant on Thursday about his big bet on the cryptocurrency.
El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin
Dec 19, 2024 · El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies. The global lender said risks related ...
El Salvador buys 11 BTC only a day after reaching a deal with IMF
6 days ago · El Salvador bought $1 million worth of Bitcoin a day after striking a $1.4 billion deal with the International Monetary Fund that stipulated limits on dealing with the cryptocurrency.
El Salvador’s Bitcoin gains top $300M — President - Cointelegraph
Dec 8, 2024 · El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price. Salvadoran President Nayib Bukele highlighted the...
'I Told You So': Bukele Takes Victory Lap as El Salvador Bitcoin …
Nov 12, 2024 · To be clear: El Salvador hasn't sold any of its Bitcoin. But if it did, it would be sitting on a hefty profit. President of El Salvador, Nayib Bukele, brags on Twitter as the nation's Bitcoin stockpile hits $100 million profit.
Bitcoin rally: Is El Salvador's Bitcoin bet paying off? - BBC
Dec 6, 2023 · El Salvador's president is celebrating after a Bitcoin reserve he bought with public money has entered the black amid the continuing Bitcoin price rise. Since 2021, Nayib Bukele has spent...
El Salvador to Dial Back Bitcoin Ambitions for IMF Loan, Report …
Dec 9, 2024 · El Salvador may pull back on a mandate requiring businesses to accept bitcoin as payment, the FT reported. Sources expect this could unlock a $1.3 billion IMF loan. El Salvador embraced bitcoin...
El Salvador Has Thousands More Bitcoins Than Previously Known - CoinDesk
Mar 15, 2024 · Bitcoin-forward Central American nation El Salvador this week moved $400 million worth of bitcoin (BTC) – "a big chunk" – into a cold wallet, according to its President, Nayib Bukele. In a post...
El Salvador's Bukele to transfer 'big chunk' of Bitcoin assets to a ...
Mar 15, 2024 · El Salvador will transfer “a big chunk” of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country’s territory, President Nayib...
El Salvador Moves Bitcoin Reserves to Cold Storage Vault
Mar 18, 2024 · The veil of ambiguity surrounding the size of El Salvador's Bitcoin reserves, a point of contention and criticism for many, has now been decisively lifted, ushering in a new era of transparency and confidence in the nation's commitment to fostering a …