The president of El Salvador, Nayib Bukele, is on a Bitcoin buying spree. And, it’s showing no signs of ending anytime soon. His government made the most of the latest Bitcoin dip by adding 420 BTCs to its treasury earlier today, according to a tweet by Bukele. It said,
“It was a long wait, but worth it. We just bought the dip!”
The President followed up the tweet with another, claiming that the recently-acquired tokens were already in profit within hours of the purchase. The time period between the two tweets saw Bitcoin’s price hike by 0.4% on the charts.
<p lang=«en» dir=«ltr» xml:lang=«en»>How do we make a profit if 1 #BTC= 1 #BTC?We have a trust fund accounted in USD, but the trust is funded by both USD and BTC.
When the BTC part revalues
Read more on ambcrypto.com