El Salvador Moves 5,689 Bitcoins into Cold Storage 'Piggy Bank' Physical Vault
President Nayib Bukele reveals public proof-of-reserves address containing the sovereign nation's cold vault holdings alongside its ongoing 1-BTC-per-day purchase mandate.
How Much Bitcoin
$406,000,000 (5,689 BTC
BTC Price Then
$71,397
Price Change
+35%
Location
El Salvador
Frequently Asked Questions
Who is adopting Bitcoin in "El Salvador Moves 5,689 Bitcoins into Cold Storage 'Piggy Bank' Physical Vault"?
Government of El Salvador (Government) is the entity adopting or allocating into Bitcoin in El Salvador.
What type of entity is Government of El Salvador?
Government of El Salvador is classified as a Government in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
$406,000,000 (5,689 BTC acquired directly as spot Bitcoin.
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $71,397 per BTC (a +34% change versus the current live price).
When did this Bitcoin adoption event happen?
This adoption event was recorded on Thu, Mar 14, 2024.
Where is this Bitcoin adoption taking place?
This adoption is attributed to El Salvador.
What is the source of this Bitcoin adoption story?
Originally reported by Mempool Public Address and indexed from the original report.
Originally reported by Mempool Public Address
Read the original report