El Salvador continues to keep its commitment to its Bitcoin strategy. The country which is currently the only sovereign nation to use a cryptocurrency as a legal tender has been making strides when it comes to its investment in Bitcoin.<\/p>\n
Not too long ago, El Salvador had made another bitcoin purchase that brought its total to 1,120 BTC being held by the country. This was a continuation of the promise President Nayib Bukele had made on \u201cBitcoin Day\u201d to increase the country\u2019s holdings in the asset as time goes on. Staying on theme, the country has once again made another bitcoin purchase when the market is down and bought the dip.<\/p>\n
Related Reading |\u00a0Market Analysts Explain Why This Correction Is Good For Bitcoin<\/a><\/strong><\/em><\/p>\n President Nayib Bukele took to Twitter to announce the most recent Bitcoin purchase made by the government of El Salvador. In the tweet, the president said that the country had bought an additional 100 BTC at a \u201cdiscount.\u201d The discount being referred to is the downtrend that bitcoin has been in following its touch of a new all-time high at $69,000.<\/p>\n El Salvador just bought the dip.<\/p>\n 100 extra coins acquired with a discount \ud83e\udd73#Bitcoin<\/a>\u00a0\ud83c\uddf8\ud83c\uddfb<\/p>\n — Nayib Bukele (@nayibbukele) November 26, 2021<\/a><\/p><\/blockquote>\nEl Salvador Adds 100 BTC<\/h2>\n
\n