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    Home ยป Salvadoran President Reports Profit of 362 Million from Bitcoin Investment Vows to Continue HODL
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    Salvadoran President Reports Profit of 362 Million from Bitcoin Investment Vows to Continue HODL

    By adminDec. 4, 2023001 Min Read
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    Salvadoran President Reports Profit of 362 Million from Bitcoin Investment Vows to Continue HODL
    Salvadoran President Reports Profit of 362 Million from Bitcoin Investment Vows to Continue HODL
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    Salvadoran President Nayib Bukele stated on Monday (4th) on X platform that, calculated at a market price of $41,631.3, the Salvadoran government’s Bitcoin investment has a floating profit of about $3.62 million. Bukele also mentioned that El Salvador has “no intention to sell” Bitcoin, stating, “It has never been our goal.” According to the chart released by Bukele today, the Salvadoran government continued to buy Bitcoin during last year’s bear market and began implementing a plan to “buy one Bitcoin every day” in mid-November 2022. Currently, El Salvador’s Bitcoin DCA (Dollar-Cost Averaging) buy-in price is around $40,479.

    Related report: “Salvadoran President: We will start buying one Bitcoin every day from tomorrow”

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