The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November.
Salvadoran president Nayib Bukele announced the purchase of 150 BTC as the market price momentarily slipped below $50,000 after losing over 15% in market value.
El Salvador just bought the dip! 150 coins at an average USD price of ~$48,670 #Bitcoin
While Bukele’s government was able to make the purchase at $48,670 per
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