El Savador, the first country to accept the leading cryptocurrency Bitcoin as a legal currency, announced that it will receive another 500 BTC.
Another Bitcoin Move From El Salvador. Accepting Bitcoin as its legal currency in September of last year, El Salvador took action to turn the decline in BTC into an opportunity.
El Salvador's President Nayib Bukele shared on his Twitter account that he had bought 500 more Bitcoin (BTC).
Bukule said in the said post:
“El Salvador just bought bottom. We made 500 more Bitcoin purchases at an average of $30,744.”
Thus, the number of Bitcoin (BTC) in the hands of El Salvador has exceeded 2 thousand 300. With this purchase, which was made for approximately $ 15.3 million, the value of over 2,300 Bitcoins (BTC) in the hands of El Salvador became $ 72.5 million.