Bukele Generates More than $30 Million in Profits for El Salvador with Bitcoin

Nayib Bukele

El Salvador has accumulated more than $30 million in profits by retaining bitcoin reserves, after becoming the first country in Latin America to adopt this digital currency in an initiative led by President Nayib Bukele since 2021.

Bitcoin , the most used cryptocurrency , soared this Wednesday, reaching November 2021 levels and exceeding $60,000 , after surpassing $57,100 the day before, which has generated profits for the Central American country.

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