The federal government of El Salvador continues celebrating important days by shopping for extra Bitcoin (BTC), with President Nayib Bukele asserting a brand new buy of 21 BTC on Tuesday.
Value round $1,036,000 on the time of writing, El Salvador’s newest BTC funding is to have fun the “final twenty first day of the 12 months 21 of the twenty first century” and commemorate the shortage of Bitcoin as its provide is proscribed by 21 million BTC, Bukele mentioned.
The president additionally seen that El Salvador’s total measurement is reportedly round 21,041 sq. kilometers, which, based on Bukele, will not be a coincidence as El Salvador is the primary nation on this planet to undertake Bitcoin as authorized tender.
And at present is the final twenty first day of the 12 months 21 of the twenty first century https://t.co/9BitXCyDVs
— Nayib Bukele (@nayibbukele) December 22, 2021
On the time of buy, BTC was buying and selling barely above $49,000, based on information from CoinGecko.
Shopping for Bitcoin is steadily turning into a manner of celebrating totally different events and enjoying round significant dates or figures by El Salvador after the federal government purchased its first 200 BTC in early September amid adopting Bitcoin as authorized tender on Sept. 7.
On Nov. 26, El Salvador celebrated Black Friday bybuying 100 BTC at round $54,000 per BTC, accumulating a complete of 1,220 BTC.
Solely 10% of the Bitcoin provide left to mine
The Salvadoran authorities beforehand made an enormous 420-BTC buy in October shortly after Sam Bankman-Fried’s FTX crypto trade raised $420 million from 69 traders. Each apparently used “420” to seek advice from hashish tradition slang for marijuana as some business figures hinted.
FTX simply raised $420,690,000 in a Sequence B fundraise.
The web is undefeated.
— Pomp (@APompliano) October 21, 2021
