The post El Salvador’s Bitcoin Gains Hit $333M as BTC Crosses $100K appeared first on Coinpedia Fintech News
El Salvador’s Bitcoin investments have hit an impressive $333 million in unrealized gains as BTC surpassed $100,000 for the first time. President Nayib Bukele celebrated the milestone, highlighting the country’s bold move to adopt Bitcoin as legal tender in 2021. Since then, the nation has accumulated 6,180 BTC with an average price of $44,739 per coin, reflecting a 122% profit. Beyond financial gains, Bitcoin adoption has boosted tourism, despite repeated warnings from the IMF to scale back the policy, citing financial stability concerns.
