{"id":2455,"date":"2024-11-11T15:02:31","date_gmt":"2024-11-11T15:02:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2455"},"modified":"2024-11-11T15:02:31","modified_gmt":"2024-11-11T15:02:31","slug":"el-salvadors-bitcoin-bet-is-paying-off-heres-how-much-the-country-is-up-updated","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2455","title":{"rendered":"El Salvador&#8217;s Bitcoin Bet Is Paying Off\u2014Here&#8217;s How Much The Country Is Up (UPDATED)"},"content":{"rendered":"<div>\n<p><em>Editor\u2019s note: This story has been updated with recent figures about El Salvador\u2019s returns on its Bitcoin investment.<\/em><\/p>\n<p>El Salvador, the first nation state to adopt <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) as a means of payment, is up $68 million on its investments, according to <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/23\/04\/32010471\/cryptos-crystal-ball-how-to-gain-an-edge-with-on-chain-analysis\">on-chain analysis<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> Spotonchain data <a href=\"https:\/\/platform.spotonchain.ai\/en\/profile?address=32ixEdVJWo3kmvJGMTZq5jAQVZZeuwnqzo\">shows<\/a> El Salvador&#8217;s strategic Bitcoin investments, led by president <strong>Nayib Bukele<\/strong>, have reaped gains of $24.54 million. Starting Nov. 18, 2022, the country purchased one bitcoin daily, bringing its total holdings to 5,931 bitcoin as of Nov. 11, 2024. The country\u2019s unrealized &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41847581\/el-salvadors-bitcoin-bet-is-paying-off-heres-how-much-the-country-is-up\" alt=\"El\" salvador bitcoin bet is paying off how much the country up>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Editor\u2019s note: This story has been updated with recent figures about El Salvador\u2019s returns on its Bitcoin investment. El Salvador, the first nation state to adopt Bitcoin (CRYPTO: BTC) as a means of payment, is up $68 million on its investments, according to on-chain analysis. What Happened: Spotonchain data shows El Salvador&#8217;s strategic Bitcoin investments, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2455","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2455"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2455\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}