El Salvador bought another 21 bitcoins to mark the 21st day of the 21st year of the 21st century, President Nayib Bukele said in a series of tweets on Tuesday night.
- Bukele said he made the purchase at 21:21:21, and pointed out that El Salvador’s land area is 21,000 square kilometers. The president posted a screenshot of the transactions, totalling just over $1 million, saying “got the receipt.”
- Before the purchase, El Salvador held 1,120 bitcoins in its treasury, Reuters reported on Oct. 27, which would bring its total now to 1,141 bitcoins. It plans to buy another $500 million worth of the world’s biggest cryptocurrency by market value, funded by the issuance of $1 billion worth of tokenized bonds.
- El Salvador in September became the only country to use bitcoin as legal tender. The president also plans to create a “Bitcoin City,” where residents won’t have to pay taxes.
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