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El Salvador Launches Bitcoin-Based Financing for New Airport Hotel

El Salvador Launches Bitcoin-Based Financing for New Airport Hotel

CointimeCointime2024/05/15 04:40
By:Cointime

El Salvador has launched the announcement of Bitcoin financing for the vacation hotel at San Salvador International Airport, with a target financing goal of $6.25 million. The funds will be used to build a five-story facility covering 4,484 square meters, with 80 guest rooms, commercial space, swimming pool, and other facilities. The hotel is located inside the airport, making it the only hotel service provider in the area. The minimum investment amount for this investment opportunity is $1,000, with 6,250 tokens available for selection, each token paying a 10% annual yield every six months. The project is supervised by Inversiones Laguardia SA de CV and promoted through Bitfinex Securities.

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