$98,872.00
5.81%$3,500.74
4.23%$2.33
6.59%$695.68
1.99%$196.81
6.38%$0.334935
6.98%$1.001
0.11%$3,489.20
4.21%$0.940347
5.30%$0.258382
3.37%$41.30
11.28%$24.59
7.72%$5.79
5.53%$4,146.87
3.88%$0.00002328
6.50%$4.60
7.77%$98,594.00
5.65%$0.325195
20.65%$0.40375
13.11%$7.55
7.06%$29.72
11.88%$3,500.05
4.29%$475.94
7.74%$9.49
0.66%$14.54
5.47%$109.55
7.56%$0.00001928
7.31%$3,692.51
4.30%$4.89
20.47%$5.59
7.93%$1.00
0.19%$377.83
7.95%$9.79
5.08%$11.23
10.13%$1.002
0.42%$0.166078
5.75%$0.530144
10.53%$0.053739
16.46%$28.25
6.85%$1.24
5.54%$7.91
10.77%$1.42
10.25%$499.87
8.90%$3.80
6.33%$24.85
2.03%$191.50
0.17%$0.826577
7.09%$5.54
11.71%$0.401253
12.41%$3.15
17.76%$1.063
2.58%$0.121164
2.35%$47.24
3.92%$7.14
8.59%$0.988153
1.05%$1.78
9.41%$1.96
7.42%$5.43
7.36%$1.49
9.64%$0.00003291
5.59%$1.71
4.69%$2.41
6.85%$23.42
9.95%$0.03623776
31.35%$0.231976
10.82%$3,499.70
4.41%$98,915.00
6.01%$2.07
7.42%$1.008
0.60%$0.474465
11.01%$2.38
8.32%$0.847976
8.42%$5.46
8.21%$0.0384131
16.03%$3,912.07
4.06%$3,610.52
5.18%$0.00018199
7.27%$121.00
11.88%$13.82
4.11%$1.88
8.85%$0.03995609
12.80%$3,682.86
4.34%$0.03063082
6.87%$20.09
2.33%$0.02859859
10.67%$0.630206
10.91%$1.002
0.16%$98,881.00
6.04%$1,669.11
8.03%$1.46
12.91%$0.401977
9.89%$5.00
4.27%$0.14436
13.35%$3.34
0.09%$1.41
4.46%$7.77
14.41%$11.32
1.16%$0.232243
5.68%$0.885363
10.32%$98,236.00
5.49%$201.38
6.95%$1.007
16.42%$3,600.16
4.25%$0.083956
7.39%$37.68
6.41%$0.803425
9.30%$0.345353
14.35%$0.898702
8.24%$1.63
10.87%$17.79
8.83%$0.511137
7.76%$0.00000118
3.85%$57.56
6.40%$1.59
9.29%$244.95
6.26%$0.975582
4.90%$15.64
9.61%$6.96
11.80%$69.09
10.77%$1.16
5.75%$3,496.02
4.34%$37.20
9.46%$0.547294
14.97%$0.529961
10.60%$1.002
31.93%$97,451.00
4.63%$0.00000246
12.06%$1.27
7.39%$5.39
6.62%$0.094775
9.84%$98,284.00
5.52%$3.17
6.03%$0.769312
16.61%$3.39
10.52%$3.97
5.41%$0.294192
10.22%$0.170431
8.56%$0.01488833
30.29%$1.77
17.69%$3,505.05
4.30%$0.657229
8.48%$13.72
7.19%$2.30
13.85%$87.45
7.88%$0.786284
5.08%$0.999162
0.19%$0.206449
11.31%$2.60
8.12%$0.810746
14.52%$209.63
6.65%$0.00003805
5.69%$0.750983
5.84%$2.01
6.20%$3,500.46
4.37%$0.00734865
5.91%$19.78
30.60%$278.93
6.99%$0.814626
9.00%$0.00851259
5.97%$1.59
9.55%$0.00684133
7.50%$0.334693
6.81%$0.0100059
19.61%$98,382.00
4.17%$0.00012117
6.51%$1.023
0.18%$3,684.14
4.19%$5.86
8.98%$0.997008
0.24%$2,623.26
0.24%$0.61954
20.54%$0.00
3.77%$1.28
8.78%$3,791.25
4.05%$0.09021
9.17%$0.00674423
7.07%$2.46
-0.24%$11.57
12.96%$0.061774
26.47%$28.22
5.95%$0.420676
9.12%$36.79
19.77%$0.279217
8.34%$3,500.64
4.26%$36.95
16.18%$0.01240254
10.26%$1.076
-1.56%$1.65
12.00%$1.001
0.09%$0.079126
-0.09%$17.74
7.67%$1.31
2.96%$0.00000055
3.20%$1.28
4.63%$98,402.00
5.26%$43.93
19.68%$0.522813
-0.36%$2,634.49
0.63%$0.480782
10.85%$97,372.00
5.50%$3,488.46
4.41%$3,495.63
4.07%$0.312133
10.97%$1.003
0.36%$4.94
5.62%$0.00654956
8.00%$0.065264
6.40%$0.071295
6.34%$0.00263147
9.60%$2.14
5.63%$0.00669261
6.10%$0.02389467
11.96%$3,675.75
5.92%$98,481.00
5.66%$3,760.88
4.26%$0.00585114
7.99%$1.071
1.09%$0.0788
6.35%$0.297074
34.21%$0.247982
10.53%$0.00105409
6.25%$0.515515
11.63%$0.0000035
18.95%$0.22824
8.84%$3.24
9.77%$2.68
4.20%$0.03349577
19.78%$3.17
8.60%$0.996087
-0.14%$1.088
0.65%$90.26
5.96%$0.04094188
4.10%$0.998105
0.15%$5.14
3.23%$0.04006184
12.21%$0.715409
8.02%$4.82
6.82%$1.001
0.02%$48.63
11.39%$3,863.46
4.27%$0.00000019
6.15%$0.385314
7.34%$0.01132466
8.79%$0.04004642
6.56%$0.142774
5.90%$0.765667
4.41%$3.44
6.33%$1.005
0.29%
Nayib Bukele, the president and self-described “Emperor of El Salvador,” has taken advantage of today’s drop in Bitcoin prices to increase his country's BTC reserves.
Bukele announced today on Twitter in English (the lingua franca of the Bitcoin ecosystem, but not his citizens) that he had bought the proverbial dip. BTC, which reached an all-time high above $67,000 last week, fell today to below $60,000, according to CoinGecko.
The amount of BTC he bought was the icing on the cake: 420 BTC. (For those unfamiliar with the internet, 420 is a meme number associated with the cannabis culture.)
It was a long wait, but worth it.
We just bought the dip!
420 new #Bitcoin🇸🇻
— Nayib Bukele 🇸🇻 (@nayibbukele) October 27, 2021
El Salvador adopted Bitcoin as legal tender on September 7. In the past two months, Bukele has ordered four BTC purchases for the country’s coffers. According to Disruptiva magazine’s estimates, El Salvador bought 200 BTC at $51,300 on September 6, then another batch of 200 BTC at $51,500. A day later, it purchased 150 BTC at $52,000, and finally, on September 19, El Salvador bought the dip, acquiring another 150 BTCat $45,700.
After racking up a portfolio at over $11 million in unrealized losses, the price of Bitcoin started to recover, reaching a new high. With this new purchase, Bukele has increased El Salvador's stated Bitcoin reserves to 1,120 BTC, at an average price of $53,324.29. With the price tag of Bitcoin at nearly $59,000, it’s made a tidy (though unrealized) return on its investment.
#Bitcoin Con el precio de la criptomoneda de este día a las 8:20 a.m., la inversión en 700 BTC que realizó El Salvador podría dejar un margen de un poco más de $10.8M. pic.twitter.com/RScdlj3x1v
— Disruptiva (@Disruptiva2) October 20, 2021
If Bukele issues a buy order of 69 BTC during Bitcoin's next dip, Decrypt will be the first to report it.
