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What is the total number of bitcoins owned by El Salvador?

avatarAnwar BishirNov 30, 2020 · 5 years ago3 answers

As of now, what is the total number of bitcoins owned by El Salvador? How does El Salvador acquire and manage its bitcoin holdings?

What is the total number of bitcoins owned by El Salvador?

3 answers

  • avatarSolomon SummersMay 30, 2024 · a year ago
    As of the latest information available, El Salvador currently owns approximately 550 bitcoins. The government of El Salvador has been acquiring bitcoins through various means, including direct purchases from miners and exchanges. The bitcoin holdings are managed by the government's Bitcoin Trust, which ensures the security and proper management of the assets. The exact details of the acquisition and management processes are not publicly disclosed for security reasons.
  • avatarjonihvdOct 14, 2021 · 4 years ago
    El Salvador's total bitcoin holdings are estimated to be around 550 bitcoins. The government has been actively acquiring bitcoins as part of its strategy to adopt bitcoin as legal tender. The bitcoin holdings are managed by the government's Bitcoin Trust, which operates under strict security protocols to safeguard the assets. The government has not disclosed the specific details of how the bitcoins are acquired and managed, but it is believed to involve partnerships with reputable exchanges and mining operations.
  • avatarNedra StrackeNov 11, 2020 · 5 years ago
    According to reports, El Salvador currently holds approximately 550 bitcoins. The government has been acquiring bitcoins through various channels, including direct purchases from miners and exchanges. The bitcoin holdings are managed by the government's Bitcoin Trust, which ensures the security and proper management of the assets. The exact methods and strategies used by El Salvador to acquire and manage its bitcoin holdings are not publicly disclosed.

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