420 BTC added to Treasury – News Bitcoin News

El Salvador, the country that created the legal tender for bitcoin in addition to the US dollar, bought Deep again. The Salvadoran government has purchased a total of 1,120 bitcoins, valued at more than বর্তমানে 68 million at present.

Bitcoin holdings in El Salvador have risen

El Salvador bought a dip again on Wednesday, taking advantage of the fall in bitcoin prices. President Naib Bukel tweeted: “It was a long wait, but it’s worth it. We just bought a dip. “

El Salvador buys more bitcoins: 420 BTC added to treasury

At the time of writing, the price of Bitcoin is $ 61,129, down from an all-time high of around $ 67,000 on October 19, according to data from Markets.

The country held a legal tender on September 7 against the US dollar as well as bitcoin. At the time, BTC was priced at around $ 46,000.

The day before its Bitcoin law went into effect, El Salvador bought two sets of 200 bitcoins. On September 7, prices dropped slightly, allowing the country to buy Deep (150 BTC). On September 20, Buke told his country that his country had bought Dip again (another 150 BTCs), adding, “El Salvador now has 700 coins.”

With 420 new coins, El Salvador purchased a total of 1,120 BTC, valued at more than $ 68.5 million at the time of writing.

What do you think about El Salvador repeatedly buying dips? Let us know in the comments section below.

Image credit: Shutterstock, Pixabay, Wiki Commons

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