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BitDegree 2024-03-15 08:29:57

El Salvador Fills Its "Piggy Bank" with $386 Million in Bitcoin

Key Takeaways El Salvador has relocated a significant portion of its Bitcoin into a secure cold wallet, drawing attention and support from the global Bitcoin community. The cold wallet has received diverse contributions, including financial donations and symbolic items like the "Cypherpunk Manifesto," reflecting the cultural and ideological support from Bitcoin enthusiasts. This initiative has significantly expanded El Salvador's Bitcoin holdings, showcasing the country's innovative approach to cryptocurrency management and its implications for the digital economy worldwide.

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