Wednesday, April 12, 2023

Despite bitcoin rallying to over $30K, El Salvador's total holdings of 2,546 bitcoin, acquired for around $108M, are worth just $77M (Michael D McDonald/Bloomberg)

Michael D McDonald / Bloomberg:
Despite bitcoin rallying to over $30K, El Salvador's total holdings of 2,546 bitcoin, acquired for around $108M, are worth just $77M  —  Bitcoin may be at a nine-month high, but El Salvador's total holdings are still worth 29% less than what the government paid for the world's largest digital currency.



No comments:

Post a Comment

MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...