šøš» El Salvadorās President Nayib Bukele stated that the country will purchase one Bitcoin every day until it becomes unaffordable with fiat currency. The move was part of continued commitment to integrating cryptocurrency into the nationās financial strategy, following El Salvadorās adoption of Bitcoin as legal tender in 2021.
The daily Bitcoin acquisition plan was revealed as part of Bukeleās broader push to strengthen El Salvadorās position in the global digital asset market. The government has already invested heavily in Bitcoin infrastructure, including a state backed wallet and plans for a āBitcoin City,ā and this new initiative signals a long term accumulation strategy by the country.
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