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Changes in El Salvador's daily BTC purchase strategy by year-end 2024
5
Resolution / Starting Odds
Increase daily purchases • 33%
Maintain current purchase rate • 34%
Decrease daily purchases • 33%
El Salvador government policy announcements
Story
El Salvador Tracks 5,748.76 BTC Worth $353M on New Public Website
May 13, 2024, 12:00 AM
El Salvador has launched a new website that provides public access to its national Bitcoin treasury, showcasing a commitment to transparency and accountability in its cryptocurrency investments. The website features real-time data on the country's Bitcoin holdings, which currently amount to 5,748.76 BTC, valued at approximately $353,295,547. This initiative aligns with El Salvador's ongoing policy of acquiring 1 BTC daily, a strategy that has seen the nation double its investment since purchasing Bitcoin two years ago at the market's low point. Additionally, El Salvador has developed a public mempool space, further enhancing public visibility into its Bitcoin transactions. Over the past 7 days, 7 BTC have been added to the treasury.
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Increase in daily purchase • 25%
Decrease in daily purchase • 25%
Policy remains unchanged • 25%
Daily purchase policy terminated • 25%
Strengthen support • 25%
Maintain current stance • 25%
Reduce support • 25%
Revoke Bitcoin as legal tender • 25%
Yes • 50%
No • 50%
Less than $50K • 25%
$50K to $100K • 25%
$100K to $150K • 25%
More than $150K • 25%
Formal agreement signed • 33%
Informal cooperation without agreement • 34%
Talks conclude without cooperation • 33%
Less than $400 million • 33%
$400 million to $600 million • 34%
More than $600 million • 33%
Increase • 33%
Decrease • 33%
No significant change • 34%