El Salvador has bought 410 more BTC for $15 million. 'Some guys are selling really cheap,' said President Bukele. bitcoin crypto cryptocurrency
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.The president of El Salvador, Nayib Bukele, tweeted Friday that his country just bought 410for $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 after all. “Nope, I was wrong, didn’t miss it,” the Salvadoran president wrote in response to his own tweet on Jan. 14 that says, “I think I might have missed the dip this time.” The price of bitcoin began a steep decline in early November last year from above $67K, based on data from Bitcoin.com Markets.