The authorities of Salvador took advantage of the fall of the cost of the flagship cryptocurrency and acquired another 20 VTS. Thus, the national stock of bitcoins increased to 6,067 BTC, which at the current prices is more than $ 606 million.
The last batch of 11 bitcoins for a total of about $ 1.1 million was acquired by the Salvador authorities just a few days after the Congress ratified the amendments to the Bitcoins law previously proposed by the International Monetary Fund as a prerequisite for the country’s loan.
Earlier, President of Salvadora Nayib Bukele said that the country received more than $ 300 million net profit from investment in bitcoins and will continue to buy flagship cryptocurrency.
Recently, Microstrategy, the largest corporate holder of the first cryptocurrency, reported the temporary suspension of the purchase of bitcoins after the first stage of the investment plan “21/21”.
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Source: Cryptocurrency
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