The post El Salvador Secures Landmark $1.6B Investment From Turkey’s Yilport Holding! appeared first on Coinpedia Fintech News
El Salvador has secured a landmark $1.6 billion investment from Turkey’s Yilport Holding to propel its Bitcoin City project. President Nayib Bukele announced this strategic partnership, which will modernize two critical seaports in the country. It will also provide the necessary infrastructure for the ambitious project. Bukele also revealed that Yilport Holding’s investment also marks the largest private investment in El Salvador’s history. Since the president implemented the Dollar Cost Averaging (DCA) strategy to buy one Bitcoin daily, the country has consistently purchased BTC regardless of market conditions.
