The President of El Salvador, Nayib Bukele, has decided to donate 2 bitcoins worth $133,000 to support the construction of 1,000 schools in Honduras.

Bukele Supports a Japanese Philanthropist

Bukele donated these bitcoins to Shin Fujiyama, a Japanese philanthropist who has long been working to improve education for children in Honduras. Fujiyama uses his personal fund for these efforts, focusing on helping children in this impoverished country.

El Salvador Continues Its Daily Bitcoin Purchases

Since March 16, the Salvadoran government has been purchasing 1 bitcoin every day. Currently, El Salvador holds 5,913 bitcoins, demonstrating their long-term commitment to adopting cryptocurrencies.

Despite pressure from the International Monetary Fund (IMF), which has repeatedly called on El Salvador to reconsider its bitcoin policy, the country continues to invest in digital assets. For example, on October 3, the IMF once again recommended limiting the public sector's exposure to bitcoin, even though El Salvador's GDP has grown by more than 10%, and the country has seen increased tourism since adopting bitcoin as legal tender.

Bitcoin on the Rise and Could Surpass Its All-Time High

As for bitcoin's price, it is currently holding above the $67,000 mark, specifically at $67,233.47, reflecting a 0.41% increase over the past 24 hours. Market analysts predict that bitcoin could break its previous all-time high in the coming weeks.

A Philanthropist's Journey for Education

Shin Fujiyama, a Japanese-American philanthropist who co-founded the nonprofit organization Students Helping Honduras in 2007, is on a mission to raise funds to improve the education system in Honduras. As part of his campaign, he is embarking on a 3,000-kilometer journey to support children in the country.

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