Nayib Bukele, the president of El Salvador, offered details on the country’s bitcoin investments today as the asset’s price surged past the $42,000 mark in the early hours this morning.

With an average purchase price of $81,834 ... on track to reach its 35% target per quarter for Q1. Meanwhile, El Salvador’s Bitcoin purchase was six more than its usual one Bitcoin per day ...

El Salvador ... strategic Bitcoin reserve, bringing its total holdings to 6,118.18 Bitcoins worth over $512 million. The central American country's latest BTC buy comes as Bitcoin prices struggle ...

The country bought 11 Bitcoin (BTC) on Feb. 4 for just over $1.1 million, an average price of $101,816 per Bitcoin. It later purchased an additional 1 BTC for $99,114, according to the government ...

The IMF was wary of lending to El Salvador while bitcoin was legal tender. Its volatile price posed a risk to financial and fiscal stability. The fund also pointed to bitcoin’s potential use in ...

This decision aligns with the nation’s unwavering commitment to embracing digital currencies, even as Bitcoin prices hover below the $100,000 mark. This latest move is part of El Salvador’s ...

El Salvador ... El Salvador,” El Salvador’s ambassador to the US, Milena Mayorga, assured at a Bitcoin conference.” But, “it has not been an easy road.” A survey published by the Jesuit Central ...

Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step ... especially given the high volatility of its price. We don't recommend it," the ...

El Salvador ... Bitcoin is a better store of value than Gold.” He suggests that government adoption could legitimize Bitcoin in traditional markets while limiting supply and potentially driving ...

This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin City, here. The sun was setting as I rolled into El Zonte, a small surfing ...

This article is part of a four-piece series on El Salvador ... have significantly raised the price of their properties, looking to profit from the Bitcoin boom, but in her view they’re ...