El Salvador purchased 80 bitcoin at $19,000 each, President Nayib Bukele said on Thursday, according to coindesk.com. “Bitcoin is the future. Thank you for selling cheap,” Bukele tweeted, and accompanied the text with screenshots of 40 purchases made on Thursday, which totalled $1.52 million.
El Salvador’s last bitcoin purchase was in May, according to Bukele, when the Central American country acquired 500 coins for a total of $15.3 million, at a price of $30,744 each.
From September to date, the country has acquired 2301 coins for a total of $103.9 million, but its portfolio is currently worth $46.6 million.
Credit photo: Reuters