El Salvador buys the dip, adds 150 BTC to its Treasury - President
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President Nayib Bukele of El Salvador announced on Twitter on Saturday that El Salvador has purchased 150 more Bitcoin at an average price of $48,670. Bukele added that he missed buying at the bottom by 7 minutes.
Until Nov. 26, El Salvador had 1,220 bitcoins. The most recent purchase comes on the back of another one last week, in which El Salvador 100 bitcoins. In September, the Latin American country became the first nation to adopt bitcoin as legal tender.
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