Express

El Salvador Buys 410 BTC On Dips For $15 Million

Mary Liu

Summary: El Salvador’s President Nayib Bukele announced on Friday that El Salvador bought 410 BTC for $15 million, he said: "Some guys are selling really cheap." Bloomberg reported earlier this month that Nayib Bukele had purchased at least 1,391 BTC for the country. According to this figure, as of January 21, El Salvador’s BTC holdings had ...

El Salvador’s President Nayib Bukele announced on Friday that El Salvador bought 410 BTC for $15 million, he said: "Some guys are selling really cheap."

Bloomberg reported earlier this month that Nayib Bukele had purchased at least 1,391 BTC for the country. According to this figure, as of January 21, El Salvador’s BTC holdings had exceeded 1,800, at a cost of about $86 million.

Bitpush Terminal data shows that Bitcoin is currently trading below $36,500, a 24-hour decrease of 11%, so El Salvador's BTC holding is still at a loss.

By Mary Liu

Last Update:

Tags: ,,
Link: El Salvador Buys 410 BTC On Dips For $15 Million   [Copy]
  • The Bitcoin Halving is Complete! What’s Next? 6 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 8 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 13 days ago
  • The Value of Web3 Social, Explained 14 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 27 days ago
  • You need to login to comment.