El Salvador is buying more Bitcoin amidst downtrend


While bitcoin holders currently need nerves of steel, the recent price correction does not seem to have changed El Salvador’s Bitcoin strategy. Instead, President Nayib Bukele announced that the country has once again loaded up on the next reserve currency.

As recently as 14 January, Bukele had expressed his annoyance on Twitter that he had missed out on buying more BTC during the recent price drop. Due to the recent price drop, however, Bukele is happy that he is now getting even more Bitcoin for his money. For 15 million US dollars, El Salvador has bought another 410 BTC. As a result, El Salvador now holds 1,801 Bitcoins worth around 62.3 million US dollars.

El Salvador just bought the dip! License.

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Fonte: theblockcrypto.com