El Salvador will inaugurate a new public pet hospital this evening, funded by what its president Nayib Bukele has described as a surplus in a government trust fund caused by bitcoin’s rising value at the time.
Bukele first announced the idea for the pet hospital on October 9 in a series of tweets, saying it would be built with a $4 million surplus in a trust fund the government had set up to help with its adoption of bitcoin as legal tender.
Bukele tweeted that the launch of the pet hospital will be broadcast live on Facebook, Twitter, TikTok and local news this evening at 8:00 p.m. local time.