After Losing $60 Million in Bitcoin, El Salvador’s President Buys More

By Jose Antonio Lanz

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.

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