President Of El Salvador Nayib Bukele Goes Michael Saylor On Us And Buys The Dip
Nayib Bukele buys the dip amid fears of global market downturn.
We just bought the dip.
150 new coins!
El Salvador now holds 700 coins.#Bitcoin????
— Nayib Bukele ???? (@nayibbukele) September 20, 2021
President of El Salvador, Nayib Bukele, announced early this morning that he bought the dip on his country’s behalf, securing another 150 bitcoins for the burgeoning central american country.
Recommended: Check out our piece on El Salvador and Algorand
- Nayib Bukele first bought 400 bitcoins on September 6th, the day his nation of 6 million people became the first country to adopt the crypto as legal tender.
- El Salvador now owns 700 bitcoins. Approximate market value as of press time is around $31 million USD.
- The forward thinking millennial president also added that, “They can never beat you if you buy the dips.” As well, he pointed out that his tweet wasn’t financial advice, but rather, “Presidential advice.”
- The move by El Salvador has set off a slew of central and south american countries looking to get involved in crypto and Bitcoin.
- No word yet if Michael Saylor bought this latest dip.
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Text source: CryptosRus
