Business

El Salvador buys its cheapest 410 Bitcoins when the price hits $36K according to Cointelegraph



© Reuters.

Central American country El Salvador has added 410 (BTC) to its central reserve when BTC price traded below $37,000, a price last seen on July 26, 2021.

The new addition to El Salvador’s BTC reserves was announced by President Nayib Bukele, who confirmed that the purchase of 410 BTC was made for $15 million, putting the price at around $36,585 per BTC.

Bitcoin price movement. The source: TradingView.
Monthly growth of crypto holders. Source: Crypto.com.