El Salvador buys the dip defying IMF demands: Over $100M in BTC added as price wobbles

El Salvador executed its largest single-day Bitcoin (BTC) purchase since adopting the cryptocurrency in 2021, acquiring roughly 1,090 BTC worth approximately $100 million as prices slid below $90,0...

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El Salvador buys the dip defying IMF demands: Over $100M in BTC added as price wobbles

Source: CryptoSlate

El Salvador executed its largest single-day Bitcoin (BTC) purchase since adopting the cryptocurrency in 2021, acquiring roughly 1,090 BTC worth approximately $100 million as prices slid below $90,000 on Nov. 18. President Nayib Bukele disclosed the transaction on X with a screenshot from the government’s Bitcoin dashboard showing total holdings had climbed to 7,474 BTC, […]