Latest News

El Salvador Set To Use Bitcoin Gains To Build A Pet Hospital

El Salvador President Nayib Bukele is set to take some of the country’s $4 million profit from its Bitcoin investment and erect a massive pet hospital.
More so, this is coming after the country is seeing massive returns from its dip buying. Furthermore, El Salvador Bukele declares plans to use the profits of his country’s BTC investment. Of course, to use it and build a big pet hospital.

Also, this news is announced on his twitter account few hours ago. While, making reference to bitcoin, imminent financial crisis. Of course, a taunt to his opponents who are now quiet seeing the country is in profit

We’ll start building this pet hospital with our #BTC profits. — El Salvador, Nayib Bukele 🇸🇻 (@nayibbukele) October 10, 2021

El Salvador Profits For Hospitals

Also, The president of El Salvador goes on to release a video of what the hospital is to look like. While of course, noting that he’s not selling any of the 700 BTC of the country.

Furthermore, the hospital according to El Salvador Bukele Spanish post, will be huge. It will feature hair salons, offices, classrooms, and an auditorium. While also, medical facilities like consulting rooms, operating rooms, rehabilitation, hospitalization, and quarantine rooms.

Lastly, El Salvador president makes an estimation of what the hospital can take. The hospital will be able to handle 384 consultations, over 100 emergencies, 64 surgeries, and 32 X-rays every day.

Notably, this is going to be in place, all thanks to the country’s $4 million bitcoin profits – without touching the amount of BTC available.

Image : Nayib Bukele

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.