- El Salvador continues his daily purchases
- They have been buying 1 BTC every day
- El Salvador holdings are 6,074.18 BTC now
El Salvador continues to systematically accumulate its Bitcoin reserve, making careful daily purchases of 1 BTC over the last week.
More about El Salvador’s Ongoing Purchases
Despite the recent changes in Bitcoin legislation, El Salvador continues to systematically accumulate its reserves.
For the last week, El Salvador has been buying 1 BTC every day, with the last purchase just a few hours ago. Interestingly, last week El Salvador purchased 11 BTC at once when the price was $11119.9K, although now it is purchasing in the range of $96K to $97K at just 1 BTC per day.
Specifically, El Salvador has bought 5 BTC in the last 5 days and now his holdings total 6,074.18 BTC worth ~$592,998,204. While if we count the last 7 days, the total purchases amounted to 18 BTC worth ~$1,756,098.
Conclusion
This may once again speak to El Salvador’s ongoing Bitcoin-focused strategy, and perhaps a look back to the US continues to fuel this.
Be aware of this and stay tuned.
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