El Salvador To Buy One Bitcoin Every Day: President Bukele

[Google News Bot]

El Salvador President Nayib Bukele yesterday announced the country would begin purchasing one bitcoin every day, starting today.Nayib Bukele, President of El Salvador, announced late last night that the country would be purchasing one bitcoin every day starting today. The move to dollar-cost-average (DCA) into bitcoin is common in the community, however novel for a nation state.Currently, the country holds a bitcoin treasury of 2,381 BTC, valued at over $39 million. Bukele has made a habit in the past of making large BTC purchases during times of market volatility and buying the dip.Outside of ...

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