{"id":49748,"date":"2021-09-20T10:05:02","date_gmt":"2021-09-20T07:05:02","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49748"},"modified":"2025-09-02T14:15:40","modified_gmt":"2025-09-02T11:15:40","slug":"el-salvadors-government-buys-150-more-btc","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/el-salvadors-government-buys-150-more-btc\/","title":{"rendered":"El Salvador&#8217;s government buys 150 more BTC"},"content":{"rendered":"<p>El Salvador&#8217;s President Nayib Bukele said the government bought another 150 BTC as the price of the first cryptocurrency fell to $45,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We just bought the dip.<\/p>\n<p>150 new coins!<\/p>\n<p>El Salvador now holds 700 coins.<a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>\ud83c\uddf8\ud83c\uddfb<\/p>\n<p>\u2014 Nayib Bukele \ud83c\uddf8\ud83c\uddfb (@nayibbukele) <a href=\"https:\/\/twitter.com\/nayibbukele\/status\/1439815012642611203?ref_src=twsrc%5Etfw\">September 20, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In total, the country&#8217;s Bitcoin fund holds 700 BTC. On the day the law legalising the first cryptocurrency came into force, September 7, the government <a href=\"https:\/\/u1f987.com\/en\/news\/el-salvador-legalises-bitcoin-as-government-buys-550-btc\">bought 550 BTC<\/a>.<\/p>\n<p>Bukele also urged buying Bitcoin on dips, calling it &#8216;presidential advice&#8217;.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Presidential advice \ud83c\uddf8\ud83c\uddfb<\/p>\n<p>\u2014 Nayib Bukele \ud83c\uddf8\ud83c\uddfb (@nayibbukele) <a href=\"https:\/\/twitter.com\/nayibbukele\/status\/1439822596711886851?ref_src=twsrc%5Etfw\">September 20, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to <a href=\"https:\/\/coinatmradar.com\/countries\/\">Coin ATM Radar<\/a>, El Salvador ranks third globally in the number of Bitcoin ATMs, behind the United States and Canada. The country has 205 ATMs installed.<\/p>\n<p>Earlier, residents of the capital <a href=\"https:\/\/u1f987.com\/en\/news\/protesters-burn-bitcoin-atm-in-el-salvadors-capital\">burned a Bitcoin ATM<\/a> during demonstrations against recognizing digital gold as legal tender.<\/p>\n<p>Earlier, the legalization of the first cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/el-salvadors-bitcoin-legalization-triggers-sell-off-in-its-government-bonds\">led to sell-offs of the country&#8217;s government bonds<\/a>.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Salvador&#8217;s President Nayib Bukele said the government bought another 150 BTC as the price of the first cryptocurrency fell to $45,000.<\/p>\n","protected":false},"author":1,"featured_media":49749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1278],"class_list":["post-49748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-el-salvador"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49748"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49748\/revisions"}],"predecessor-version":[{"id":49750,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49748\/revisions\/49750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49749"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}