El Salvador's National Bitcoin Office has announced the redistribution of its 6,284 BTC, valued at approximately $682 million, from a single address into 14 separate addresses, each holding no more than 500 BTC. This move aims to enhance security and mitigate potential threats from quantum computing. The office stated that this action aligns with best practices for managing Bitcoin reserves.
Despite the office's claim of purchasing one BTC daily, documents from the International Monetary Fund reveal that the Salvadoran government has not acquired additional Bitcoin since February this year.
El Salvador Splits Bitcoin Holdings to Enhance Security
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