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In recent days, reports unveil El Salvador’s venture into Bitcoin mining, leveraging geothermal energy. The nation, currently holding 5750 BTC, mined 474 Bitcoins since 2021 through geothermal means. Notably, El Salvador’s Bitcoin stash is valued at approximately $355 million. Embracing Bitcoin: El Salvador’s Progressive Move El Salvador’s embrace of Bitcoin as a legal tender alongside…
El Salvador’s dedication to cryptocurrency, particularly bitcoin (BTC), is strengthening as it implements strategic initiatives to bolster its digital asset reserves. President Nayib Bukele’s recent announcement regarding the country’s plan to purchase one bitcoin daily until it becomes economically unfeasible with fiat currencies underscores its steadfast commitment. Consequently, El Salvador’s bitcoin holdings have surged to…