Salvadoran President Nayib Bukele announced on Monday (4th) on the X platform that the Salvadoran government’s investment in Bitcoin has a floating profit of approximately $3.62 million, calculated at the market price of 41,631.3 US dollars per Bitcoin (BTC).
Bukele also stated that El Salvador has no intention of selling Bitcoin, saying, “This has never been our goal.” According to the chart released by Bukele today, the Salvadoran government continued to buy Bitcoin during the bear market last year and began implementing the “Buy One Bitcoin Every Day” plan in mid-November 2022. Currently, El Salvador’s Bitcoin DCA (Dollar-Cost Averaging) average purchase price is approximately $40,479.
Related report: “Salvadoran President: We will start buying one Bitcoin every day from tomorrow.”
