San Salvador, Oct. 10 (BNA) El Salvador’s president said on Saturday that El Salvador will invest some of the $4 million it earned from bitcoin operations to build a veterinary hospital.
Bitcoin lost nearly 10% of its value on September 9, after the Central American country became the first country in the world to legalize cryptocurrency. But it jumped more than 30% last week to its highest level since May.
Bukele said the Bitcoin Trust, which Congress authorized in August, with a balance of $150 million, now has a “surplus” of $4 million.
“So we decided to invest a portion of that money in this: a vet hospital for our furry friends,” Bukele wrote on Twitter.
Bukele said the veterinary hospital will provide basic and emergency care services as well as rehabilitation.
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