Known for his crypto savvy image, El Salvador President Nayib Bukele has donated two Bitcoins, worth around $133,000, to help fund a project aimed at building 1,000 schools in Honduras.
The donation was made to Shin Fujiyama, a well-known philanthropist and founder of Students Helping Honduras, an organization focused on addressing poverty through education. President Bukele has been known for his proactive steps towards greater adoption of cryptocurrencies especially Bitcoin to revive the economy of the Central American nation.
Fujiyama is currently on a 3,000-kilometer charity run to raise money for the school-building project. Inspired by President Bukele’s leadership and commitment to Bitcoin, Fujiyama expressed his gratitude in a video where he emotionally thanked the president for the donation.
Despite some challenges with Bitcoin adoption in El Salvador, Bukele remains committed to its future, having recently confirmed the country’s policy of purchasing one Bitcoin a day.
The donation highlights Bukele’s broader vision of using Bitcoin for economic development and humanitarian causes.
As Bitcoin continues to rise in value, this contribution will play a crucial role in helping Honduran communities through education.