Doubling Down El Salvador Adds Nearly $25M in Bitcoin to Treasury

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SAN SALVADOR, Oct 27 (Reuters) – The Salvadoran government acquired 420 more bitcoin on Wednesday, President Nayib Bukele announced on social media, as the Central American doubled down on its splashy cryptocurrency experiment. The latest purchase of bitcoin, worth nearly $25 million at current prices, marks the first government acquisition of the cryptocurrency since Sept. […]
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