El Salvador has become the fourth-largest sovereign holder of Bitcoin, surpassing North Korea after the Lazarus Group divested a significant portion of its BTC holdings.
The Lazarus Group’s recent sale of 1,938 BTC reduced its total to 5,875 BTC, while El Salvador increased its holdings to 6,188 BTC.
Tom Lee projects Bitcoin’s price could reach 1,000,000 to 1,500,000 USD as adoption continues to grow, emphasizing its potential as a safe haven asset.
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