El Salvador's investment in Bitcoin has a floating profit of 12.6 million US dollars
Nayibtracker data shows that after two consecutive years of losses, El Salvador's BTC investment currently has an unrealized profit of 12.6 million US dollars. The country began buying Bitcoin in September 2021, paying between $47,250 and $52,670 to purchase 700 BTC within two weeks. Last month, President Nayib Bukele praised this investment as "turning losses into profits".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Teqnion signs deal to buy UK door maker Unique Door Panels
Cooper Companies Down Over 15%, On Pace for Largest Percent Decrease Since November 2008 -- Data Talk
Amundi cuts LEG Immobilien stake to 4.75% from 5.17%