El Salvador Buys 150 Bitcoin During The Dip, Chad Move Or Foolish Endeavor?

El Salvador Buys 150 Bitcoin During The Dip, Chad Move Or Foolish Endeavor?

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 […]


Related News

First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC...

Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys More Bitcoin El Salvador’s Bitcoin Law came into effect Tuesday, Sept. 7, making BTC a national currency alongside the U.S. dollar. El Salvador has been buying bitcoin ahead of the Bitcoin Law taking effect. President Nayib Bukele announced Monday that his government....

El Salvador Doubles Down, Buys 500 BTC Amid Dip

El Salvador President Nayib Bukele declared the country’s largest Bitcoin purchase to date in the middle of a terrible cryptocurrency market fall. He announced it in a tweet on Monday, saying, “El Salvador just bought the dip!” “Average price of $30,744 for 500 coins.” El Salvador Buys 500 BTC According to a tweet from President […]

El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Var...

As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Monetary Fund (IMF), bringing the total number of bitcoins purchased to 1,220. El Salvador Buys the Dip: 1,220 Bitcoins Purchased to Date El Salvador has taken advantage of the Friday sell-off and purchased 100 more bitcoins as reports of a new coronavirus variant spread. The Salvadoran president, Nayib Bukele, tweeted on Black Friday that his country has bought the dip.....

El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath

El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether. El Salvador Buys the Bitcoin Dip Amid a crypto bloodbath, El Salvador has bought the dip. The Salvadoran president, Nayib Bukele, announced Monday on Twitter that his country has purchased 500 more bitcoins. “El Salvador just bought the dip! 500 coins at an average USD price of....

El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months

El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador Buys the Dip The president of El Salvador, Nayib Bukele, tweeted Friday that his country just bought 410 BTC for $15 million. Having paid about $36,585 per coin, Bukele wrote, “Some guys are selling really cheap.” In the same tweet, Bukele also stated that he did not miss the dip....