Salvadoran President Nayib Bukele has donated 2 Bitcoins, valued at $133,000, to the 'Give Me a Hug Foundation' to support the construction of 1,000 schools in Honduras. The donation was made to Japanese philanthropist Shin Fujiyama, who personally funds efforts to improve children's education in the country. Since March 16, the Salvadoran government has been purchasing 1 Bitcoin daily, accumulating 5,913 BTC so far. Despite numerous warnings from the IMF to reduce public sector exposure to Bitcoin, El Salvador continues its Bitcoin investment strategy, which has contributed to a more than 10% increase in the country's GDP.
As Bitcoin's value experiences fluctuations, it has recently surpassed the $67,000 mark, reaching $67,233.47 after a 0.41% gain in the last day. Many cryptologists believe this trend could continue, especially as the November 5 elections approach, with predictions of new highs. Meanwhile, Fujiyama, a Japanese-American philanthropist, founded 'Students Helping Honduras' with his sister Cosmo in 2007 and is currently walking 3,000 kilometers to raise funds for Honduran children.
