With Market Crash, El Salvador Is Down $52M on Its Bitcoin Bet

With Market Crash, El Salvador Is Down $52M on Its Bitcoin Bet


The country’s most recent buy was on May 9, when Bukele stepped in front of bitcoin’s decline then to purchase 500 coins for $15.3 million, or an average price of $30,744 each. Bukele, to this point, hasn’t announced any purchases during the plunge of the past few days.

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