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Market
Will El Salvador continue its daily Bitcoin purchase throughout 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
National Bitcoin Office records and official government statements
Story
El Salvador Launches Site to Track $360M Bitcoin Treasury, Buys 1 BTC Daily
May 13, 2024, 06:30 AM
El Salvador has launched a new website that allows public access to its national Bitcoin treasury, which currently holds 5,748.76 Bitcoins valued at approximately $360 million. The website is part of the country's efforts to enhance transparency and accountability in its Bitcoin investments. This initiative aligns with the government's policy of purchasing one Bitcoin daily. The National Bitcoin Office, led by President Nayib Bukele, oversees this operation, which is also tracked through a dedicated mempool space.
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Increase daily purchases • 33%
Maintain current purchase rate • 34%
Decrease daily purchases • 33%
Less than $50K • 25%
$50K to $100K • 25%
$100K to $150K • 25%
More than $150K • 25%
Below $400M • 25%
Between $400M and $500M • 25%
Between $500M and $600M • 25%
Above $600M • 25%
BTC outperforms USD • 50%
USD outperforms BTC • 50%
Yes • 50%
No • 50%