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El Salvador Launches Dedicated Mempool For Public Bitcoin Treasury Assessment

Published 05/13/2024, 06:24 PM
Updated 05/13/2024, 06:45 PM
© Reuters El Salvador Launches Dedicated Mempool For Public Bitcoin Treasury Assessment
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  • El Salvador has launched a dedicated mempool to allow public viewing of Bitcoin holdings.
  • The South American nation accumulated 7 BTC worth $429,072 in the past seven days.
  • In 2022, El Salvador’s president announced the country would buy one Bitcoin every day.

El Salvador, the first country to make Bitcoin a legal tender, has continued to accumulate the pioneer cryptocurrency. The South American nation also noted in a post on X that it now has a dedicated mempool space where anyone can check out its Bitcoin treasury holdings.

According to information shared by the El Salvador Bitcoin office, the country accumulated 7 BTC worth $429,072 in the past seven days. The nation’s mempool data also showed that in the past 30 days, El Salvador acquired 30.01 BTC, equivalent to approximately $1.84 million. Following recent accumulations, the nation’s Bitcoin holdings rose to 5,747.76 BTC, equivalent to over $352.3 million.

Beyond information on El Salv…

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