President of El Salvador Nayib Bukele must truly believe in Bitcoin—or love losing money.
Undeterred by the massive losses incurred by his strategy of using public funds to invest in Bitcoin, Bukele announced last night that he spent another $1.5 million to buy 80 BTC at $19,000 per coin.
“El Salvador bought today 80 BTC at $19,000 each,” the Central American politician tweeted, “Bitcoin is the future, thanks for selling cheap,” he said.
Prior to this latest announcement, Bukele had…
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