Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased

Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased


Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC — had not been sold. He also qualified the coverage that some media is engaging in about the issue as “biased.”

El Salvador Dismisses Bitcoin Losses

The government of El Salvador is being criticized for the bet that its president, Nayib Bukele, has made on bitcoin, purchasing more than 2,300 BTC for the treasury of the country. Alejandro Zelaya, who is the treasury minister of El Salvador, has minimized the loss that the country has taken as a result

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