El Salvador Now Owns 550 Bitcoin, President Nayib Bukele Bought The Dip
After buying 400 bitcoin yesterday, President Nayib Bukele announces they bought the recent price dip and now own 550 BTC.Today, as bitcoin was declared legal tender in El Salvador, the price declined from around $51,000 down to $43,000, and the President of the country announced that they have bought the dip. Bringing their total amount in reserve from 400 to 550 BTC. Joking but also seriously, the President took a jab at the IMF, thanking them for the dip. The IMF is not in support of El Salvador adopting a Bitcoin standard, and it is novel and encouraging the president of a country....
El Salvador has doubled down on its bitcoin commitment despite a heavy sell-off in the crypto market. The country has bought 80 more bitcoins, according to Salvadoran President Nayib Bukele.
El Salvador Bought the Bitcoin Dip
The president of El Salvador, Nayib Bukele, announced Thursday that his country has bought 80 more bitcoins. At the time of writing, BTC is trading at $20,323. It fell to a low of $18,784 shortly before Bukele announced the purchase. The Salvadoran president said El Salvador bought bitcoin at $19,000 each.
As the price of....
President Nayib Bukele tweeted that El Salvador has bought the dip, adding 150 Bitcoin to its coffers to give a cumulative holding of 700 tokens. We just bought the dip. 150 new coins! El Salvador now holds 700 coins.#Bitcoin🇸🇻 — Nayib Bukele 🇸🇻 (@nayibbukele) September 20, 2021 Buying the dip during fearful sell-offs is a […]
El Salvador’s President Nayib Bukele confirmed via Twitter Wednesday evening that the Latin American nation has bought the “Bitcoin price dip,” exchanging dollars for Bitcoin at a time he believes it remains undervalued by the global market.
El Salvador President Nayib Bukele announced that 32 central banks and 12 financial authorities are meeting in the country to discuss Bitcoin.
El Salvador President Nayib Bukele gives a sneak-peek into upcoming Volcano-powered Bitcoin mining farms. President Bukele Releases Preview El Salvador’s President, Nayib Bukele, used Twitter to give an early peak at the planned Bitcoin mining setup, which would be powered by volcanoes. Earlier this month, Salvador became the first country in the world to recognize […]