Published 2 years ago

Bukele steps up El Salvador's bet on sliding bitcoin; buys another 150 coins

Summary by Ground News

El Salvador bought 150 bitcoins at an average price of $48,670 early Saturday morning. President Nayib Bukele said the coins were bought seven minutes before the price of bitcoin bottomed out. The price of many cryptocurrencies began plummeting late Friday night, with bitcoin sliding almost 14% from above $52K to below $45K.

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Reuters

Bukele steps up El Salvador's bet on sliding bitcoin; buys another 150 coins

El Salvador President Nayib Bukele said the Central American country had acquired an additional 150 bitcoins after the digital currency's value slumped again, enlarging his bet on the cryptocurrency despite criticism.

2 years ago·United Kingdom

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Financial Post

Bukele steps up El Salvador's bet on sliding bitcoin; buys another 150 coins

SAN SALVADOR -- El Salvador President Nayib Bukele said the Central American country had acquired an additional 150 bitcoins after the digital currency's value slumped again, enlarging his bet on the cryptocurrency despite criticism. Read More

2 years ago·Canada

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Newsweek

Bitcoin falls 20 percent as El Salvador buys 150 coins in dip

President Nayib Bukele announced on Twitter that his country had missed the bottom price by seven minutes.

2 years ago·United States

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OAN

Bukele steps up El Salvador’s bet on sliding bitcoin; buys another 150 coins

December 5, 2021SAN SALVADOR (Reuters) – El Salvador President Nayib Bukele said the Central American country had acquired an additional 150 bitcoins after the digital currency’s value slumped again, enlarging his bet on the cryptocurrency despite criticism.Bitcoin, the world’s biggest and best-known cryptocurrency, is down about 30% from the year’s high of $69,000 on Nov. 10. Bukele said last week that El Salvador had acquired 100 additiona…

2 years ago·San Diego, United States

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FijiTimes

Bukele steps up El Salvador’s bet on sliding bitcoin; buys another 150 coins

El Salvador President Nayib Bukele said the Central American country had acquired an additional 150 bitcoins after the digital currency’s value slumped again, enlarging his bet on the cryptocurrency despite criticism.Bitcoin, the world’s biggest and best-known cryptocurrency, is down about 30% from the year’s high of $69,000 on Nov. 10. Bukele said last week that El Salvador had acquired 100 additional coins to take advantage of the currency wea…

2 years ago·Fiji

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