Salvadoran President Claims Countrys Bitcoin Investment has Gained 362 Million Plans to Continue HODLing

Salvadoran President Nayib Bukele stated on Monday (4th) on X platform that, based on the market price of Bitcoin (BTC) at $41,631.3, the Salvadoran government’s Bitcoin investment has a floating profit of approximately $3.62 million. Bukele also mentioned that El Salvador has no intention to sell Bitcoin, stating “this 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 started implementing the plan of “buying one Bitcoin every day” in mid-November 2022. Currently, El Salvador’s Bitcoin DCA (Dollar Cost Averaging) purchase price is around $40,479. Related report: “Salvadoran President: We will start buying one Bitcoin every day from tomorrow.”