El Salvador’s president affirms long-term Bitcoin strategy is successful
El Salvador’s president Nayib Bukele announces a complete recovery of the country’s Bitcoin investment, yielding a $3.62 million profit. After facing criticism over supposed losses, President Nayib Bukele took to X to announce that El Salvador’s Bitcoin (BTC) investment has recovered 100% of its initial investment and generated a profit of $3.62 million at the asset’s current market price. El Salvador's #Bitcoin investments are in the black! After literally thousands of articles and hit pieces that ridiculed our supposed losses, all of which were calculated based on #Bitcoin’s market price at the time… With the current #Bitcoin market price, if we were to sell… pic.twitter.com/gvl2GfQMfb — Nayib Bukele (@nayibbukele) December 4, 2023 President Bukele showed that the country’s portfolio currently sits at $130.8 million, an all-time increase of 2.84%, with profit realization based on the current Bitcoin market price. The president emph...