Central American nation just made another bold move in the crypto space. Reports indicate a fresh $100 million worth of Bitcoin has been added to national reserves, reinforcing the country's long-term commitment to digital assets.

This isn't their first rodeo. Since adopting BTC as legal tender, the strategy has been consistent: accumulate during market fluctuations and hold for the long haul. The latest purchase signals unwavering confidence despite ongoing global economic uncertainties.

Market watchers are taking notes. When sovereign entities stack sats at this scale, it sends ripples through institutional circles. The timing? Interesting, to say the least. While traditional markets show mixed signals, this move suggests some governments are playing a different game entirely.

BTC1.03%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
5
Repost
Share

Comment

0/400

alpha_leaker

· 11-18 04:19

Here we go again, hoarding Bitcoin... This country really understands it.

View OriginalReply0

MEVSupportGroup

· 11-18 04:13

Here it comes again, a country is lying in ambush for Bitcoin, this rhythm... --- Stacking 100 million USD in sats, this move is really impressive --- Ngl this country is betting that the government will never rug Web3 --- Sovereign entities are starting to play with this, institutions should be getting anxious --- The traditional market is lifeless, while across the way they are crazy about buying coins, it's somewhat incredible --- From legal tender to national reserve, this logic chain has some substance --- Forget it, I'm also buying the dip anyway, it's somewhat reassuring that governments are setting the rhythm --- It's really a game where one dares to mine and another dares to stack, in this all-in bet game, whoever loses first is the fool --- But speaking of which, why does it feel like the world is about to change every time a country buys coins --- I bet this time it will trigger another wave of institutional buying --- I'm a bit curious, when will Central and Eastern Europe learn this approach?

View OriginalReply0

RamenDeFiSurvivor