El Salvador will invest gains made through cryptocurrency to develop a veterinary hospitalEl Salvador will invest a few of the $4 million gains it has gotten from its bitcoin operations to construct a veterinary healthcare facility, President Nayib Bukele said on Saturday.Bitcoin lost nearly 10 percent of its worth on September 9, after the Central American country became the very first around the world to authorise the cryptocurrency as legal tender.But it has surged more than 30 percent in the past week to its greatest levels because May.
The Bitcoin Trust, which Congress authorised in August, with a balance of $150 million, now has a surplus of $4 million, Mr Bukele said.
So we decided to invest a part of that cash in this: a veterinary hospital for our furry good friends, Mr Bukele wrote on Twitter.
He said the veterinary healthcare facility would supply services for basic and emergency care in addition to rehab.