El Salvador President Nayib Bukele announced on Twitter that they had received 150 Bitcoins after announcing that they had received 400 Bitcoin (BTC).
Bitcoin experienced a huge drop in a short time and El Salvador seems to have turned this into an opportunity. Chairman Bukele also emphasized that they buy from the bottom.
Bukele also made a reference to the IMF in the continuation of his statement. The President thanked the IMF for Bitcoin’s decline.
Bukele stated that the country currently has 550 Bitcoins.