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Q&A details
Will El Salvador’s increase in BTC holdings change funding expectations?
Crypto Chuanzhang
09-29 04:11
Answer
The El Salvador government purchased more than $22 million in Bitcoin this year and holds nearly 8,000 coins. The market may reassess expectations surrounding El Salvador’s BTC reserves. El Salvador’s continued accumulation of BTC will affect the country-level allocation narrative, long-term lock-up judgments and the market’s attention to the path of sovereign adoption. Do you think we should pay more attention to the implementation changes or the funding response in the future?
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