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Nayib Bukele News and Articles

Bitcoin El Salvador

El Salvador Bought the Dip Adding 500 Bitcoins


The president of El Salvador, Nayib Bukele announced that the country added $15.5 M worth of Bitcoins to its balance sheet at an average price of $30,744. El Salvador just bought the dip! 🇸🇻500 coins at an average USD price of ~$30,744 🥳#Bitcoin— Nayib Bukele (@nayibbukele) May 9,...

Bukele Changpeng Zhao meeting

Bukele Meets Binance's CZ to Discuss NOT the Bitcoin Bonds


El Salvador’s president Nayib Bukele met Binance founder and CEO Changpeng Zhao (CZ), Mexican billionaire businessman Ricardo Pliego, and other entrepreneurs. Previously, an article by Reuters said the Salvadoran government plans to turn to Binance for its execution of Bitcoin as legal tender and...

Nayib Bukele Bitcoin El Salvador

Bukele Answered US Senators’ Remarks on El Salvador’s BTC Policy


The president of El Salvador, Nayib Bukele, responded to the US Senators, who published a paper analyzing the country’s Bitcoin adoption. He said that the US congresspeople don't have any right over an independent country. Via a tweet, Bukele said that they should stay away from the country's...

Nayib Bukele

Salvadoran leader spoke about the future of bitcoin


El Salvador's President Nayib Bukele represents the bitcoin bull camp. He is confident that in the long term, the value of the cryptocurrency will increase, as this asset has a limited supply. It was his team that was able to achieve the legalization of cryptocurrency in the Latin American state....

El Salvador Bitcoin purchase January

El Salvador Adds 410 Bitcoins to Its Holdings


The president of El Salvador, Nayib Bukele revealed that the country obtained 410 bitcoins for $15 M. The BTC price was around $36.580 at the time of the purchase. It's the lowest price since July 26, 2021. Earlier, Bukele tweeted that he would probably miss the dip this time. However, he changed...

Nayib Bukele Bitcoin predictions

Nayib Bukele Expects 2 More Countries to Legalize BTC in 2022


El Salvador’s president Nayib Bukele shared his Bitcoin expectations for 2022. He assumes that this year the BTC price will hit $100.000. Bukele finds two other countries will legalize the coin, although he didn't specify what counties in his opinion they can be. The next BTC prediction from the...

El Salvador Nayib Bukele Bitcoin

Nayib Bukele Responds to El Salvador’s Btc Policy Critiques


The president of El Salvador is at the center of discussions for his Bitcoin policy. In September El Salvador made Bitcoin legal tender, becoming the first country to do so. Along with this, the government has been adding its BTC holdings. President Bukele's move wasn't perceived well by everyone....

Bitcoin El Salvador Nayib Bukele

El Salvador Adds 21 More Bitcoins To Its Holdings


The president of El Salvador, Nayib Bukele made another Bitcoin acquisition on Dec. 21. Before the transactions, he tweeted that El Salvador’s total size is 21,000 km2. Bukele mentioned he doesn't think it's a coincidence. He added the Bitcoin hashtag and El Salvador's flag to the post. Bitcoin's...

El Salvador purchases more Bitcoins

El Salvador Adds 100 More Bitcoins Amid the Market Fall


While prices of cryptocurrencies saw a decline yesterday, investors are considering buying more crypto with discount. On Nov. 16, the president of El Salvador, Nayib Bukele informed followers that the country purchased 100 extra Bitcoins. The previous purchase was on October 28, when El Salvador...

El Salvador Bitcoin purchase

El Salvador Acquired 420 More Bitcoins


El Salvador’s president Nayib Bukele, informed that the country has added 420 Bitcoins worth about $25 M. The price per coin was about $59.500. Bukele informed that the country has already benefited from the BTC it brought as, after the purchase, the BTC price grew. It was a long wait, but worth...

Nayib Bukele

President of El Salvador spoke about the results of BTC legalization


In early September, a law came into force in El Salvador recognizing bitcoin as a legal tender. The adoption of this landmark document was initiated by the country's President Nayib Bukele. He periodically tweets about the process of adopting cryptocurrency by the citizens of El Salvador. At the...

Nayib Bykele El Salvador Bitcoin

El Salvador’s President Revealed BTC Gains and Future Plans


On October 10, El Salvador's president Nayib Bukele tweeted about building a pet hospital with funds raised after Bitcoin adoption. Bukele mentioned that after Bitcoin legalization, the price of the coin saw gains and brought profits of $4 M to the country. The President tweeted that in just 20...

El Salvador Bitcoin

El Salvador Legalized BTC with 400 Coins in Its Holdings


Nayib Bukele, the president of El Salvador disclosed on September 7 that the country acquired another 200 Bitcoins ahead of the legalization of the cryptocurrency. Thus, the total number of Bitcoins owned by El Salvador reached 400. At current prices, it's worth over $21 M, as Bitcoin trades at...

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