Meta/crypto

El Salvador is buying 21 Bitcoin to celebrate December 21, 2021

El Salvador’s government continues to celebrate significant days by buying more Bitcoin (BTC), with President Nayib Bukele announcing a new purchase of 21 BTC on Tuesday.

Worth something $ 1,036,000 At the time of writing, El Salvador’s latest BTC investment is set to celebrate the “last 21st day of the 21st century” and commemorate the scarcity of Bitcoin as its supply is capped at 21 million BTC, Bukele said.

The president also noted that the entire size of El Salvador allegedly around 21,041 square kilometers, which according to Bukele is no coincidence, because El Salvador is the first country in the world that Accept Bitcoin as legal tender.

And today is the last 21st day of the year 21 of the 21st century https://t.co/9BitXCyDVs

– Nayib Bukele (@nayibbukele) December 22, 2021

At the time of purchase, BTC was trading a little over $ 49,000, according to CoinGecko.

Buying Bitcoin is increasingly becoming a way to celebrate various occasions and post meaningful dates or numbers from El Salvador Government bought their first 200 BTC In early September, when Bitcoin was introduced as legal tender on September 7th.

On November 26th, El Salvador celebrated Black Friday, Purchase of 100 BTC for around $ 54,000 per BTC, which accumulates a total of 1,220 BTC.

Related: Only 10% of the Bitcoin supply left for mining

The Salvadoran government previously had one massive purchase of 420 BTC in October shortly thereafter Sam Bankman-Fried‘S FTX crypto exchange raised $ 420 million from 69 investors. Both apparently used “420” to refer to cannabis culture slang for marijuana, as some industry insiders suggested.

FTX just raised $ 420,690,000 in a Series B fundraiser.

The internet is unbeatable.

– pump (@APompliano) October 21, 2021

Related posts

Metaverse is booming, bringing revolution to real estate

TechLifely

Binance introduces BNB Auto-Burn to replace the quarterly burn protocol

TechLifely

Bitcoin core contributor urges maximalists to take a different route

TechLifely

Leave a Comment