Saylor and Bukele Discuss How El Salvador Can Accelerate Global Bitcoin Adoption

February 16, 2025 Bitcoin.com

bitcoin.com

Michael Saylor has met with Salvadoran President Bukele to discuss accelerating global bitcoin adoption as El Salvador strengthens its position, continuing to accumulate bitcoin despite IMF-driven policy adjustments. Michael Saylor Meets Nayib Bukele to Discuss Bitcoin Strategy Michael Saylor, executive chairman of Microstrategy (Nasdaq: MSTR), met with El Salvador’s President Nayib Bukele on Feb. 13 […]

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North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

El Salvador Inks Cloud Services Agreement With Rumble

January 12, 2025 Bitcoin.com

bitcoin.com

The government of El Salvador has entered into a service agreement with Rumble, a Canadian video and cloud services company. The company will provide cloud computing services to El Salvador, including data storage, databases, load balancers, and remote application integration. El Salvador to Rely on Rumble for Cloud Computing Services The government of El Salvador […]

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El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days As BTC Reserves Soars to Over $574,000,000

December 24, 2024 The Daily Hodl

Bitcoin

The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 2022, shortly after the crypto exchange FTX imploded. Last Friday, however, El Salvador purchased more than 11 BTC worth $1.07 million, and […]

The post El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days As BTC Reserves Soars to Over $574,000,000 appeared first on The Daily Hodl.

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El Salvador’s Bitcoin gains top $300M — President

December 8, 2024 Coin Telegraph

Bitcoin

El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price.

Salvadoran President Nayib Bukele highlighted the country’s unrealized gains from its Bitcoin investments on social media after the cryptocurrency surpassed $100,000 for the first time.

On Dec. 5, Bitcoin (BTC) reached $100,000 for the first time, sparking celebrations within the crypto community. That same day, Autism Capital, a crypto-focused account on X, asked Bukele to share El Salvador’s Bitcoin portfolio to “dunk on the haters.” Bukele responded by posting the country’s BTC holdings on X.

Source: Nayib Bukele

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MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%

November 11, 2024 Coin Telegraph

<div>MicroStrategy's Bitcoin portfolio surpasses B, ROI now over 100%</div>

Average Purchasing Price

The Bitcoin stacking firm has bought Bitcoin 42 times at a dollar cost average of $39,292, according to Bitcoin Treasuries data.

Business intelligence firm MicroStrategy’s Bitcoin stash has just crossed over $20 billion in value as Bitcoin rallied above $80,000.

MicroStrategy’s 252,200 Bitcoin (BTC) is now worth $20.54 billion — putting the company up over 104% on its Bitcoin investment strategy, according to “Saylor Tracker,” named after the firm’s executive chairman, Michael Saylor.

Source: Michael Saylor

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Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy

September 24, 2024 Bitcoin.com

austerity

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating debt issuance and how this might change the Salvadoran economy and its outlook. Latam Insights Encore: Bukele’s Zero Debt […]

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Latam Insights: Bukele Announces Self-Financed Budget; Salvadoran Coffee Purchase Settled With Bitcoin

September 23, 2024 Bitcoin.com

Bitcoin (BTC)

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, President Nayib Bukele announces a zero debt budget, a batch of Salvadoran coffee gets purchased using bitcoin, and Lightspark eyes the region’s markets. Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue […]

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Nayib Bukele and Elon Musk Discuss AI, Robotics, and Future of Humanity

September 23, 2024 Bitcoin.com

El Salvador’s President Nayib Bukele met with Tesla and Spacex CEO Elon Musk at the Texas Gigafactory, discussing AI, robotics, and humanity’s future. The two exchanged views on innovation, and Musk praised Bukele’s leadership. Their conversation emphasized how cutting-edge technologies could shape global progress, aligning with El Salvador’s forward-thinking stance. Bukele and Musk Discuss AI, […]

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Fed’s Rate Cut Could Spell Disaster, Microstrategy Buys More Bitcoin, and More — Week in Review

September 22, 2024 Bitcoin.com

bitcoin.com

Peter Schiff has warned that the Federal Reserve’s rate cut will lead to economic disaster. Microstrategy, continuing its bitcoin acquisition strategy, plans to buy more bitcoin after raising $1.01 billion from a private offering. A bitcoin investor faces up to three years in prison for underreporting cryptocurrency gains. El Salvador’s President Nayib Bukele announced a […]

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Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity

September 21, 2024 Coin Telegraph

President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation.

Salvadoran President Nayib Bukele visited Tesla headquarters to meet Elon Musk and discuss, among other topics, the role of next-generation technologies, such as artificial intelligence, in shaping humanity’s future.

On Sept. 21, Bukele posted a video on X showcasing his visit to Tesla’s gigafactory in Austin, Texas, where he met with Musk. In the brief clip, Musk welcomes the president and gives him a tour of the facility.

Source: Nayib Bukele

Nayib Bukele

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