El Salvador has reported an $84 million profit following a record-breaking run of Bitcoin, amidst inquiries about the whereabouts of its Bitcoin 'piggy bank'. The country has been leaning on Bitfinex for its daily Bitcoin purchases, with reports suggesting that 80% of the Bitcoin in the nation's 'piggy bank' originated from Bitfinex. This development has sparked discussions and raised doubts among the Salvadoran press regarding the ownership of these funds. Meanwhile, the local community at El Salvador's 'Bitcoin Beach' is celebrating the cryptocurrency's surge.
El Salvador’s ‘Bitcoin Beach’ cheers cryptocurrency surge https://t.co/nHW0VKbv3I
#Salvadoran Press Raises Doubts on Piggy Bank Funds' Ownership: 80% #BTC Came From #Bitfinex https://t.co/pZlgZzTtkr
El Salvador leans on Bitfinex for daily bitcoin buy https://t.co/w30cu42aAy
El Salvador says it’s sitting on an $84 million profit after bitcoin’s record-breaking run, per MW
Where is El Salvador's #bitcoin "piggy bank?" @TravelingHODLer comic by @LinaSeiche for CoinDesk's #FutureOfBitcoin series: https://t.co/IO6zCNwq9r https://t.co/qRgrPAlydu