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El Salvador bought $15 million worth of 'really cheap' bitcoin as the cryptocurrency sank, according to the country's president

3 monthes ago   |   By Business Insider

El Salvador President Nayib Bukele during the Latin Bitcoin conference on November 20, 2021. Marvin Recinos/AFP via Getty Images
El Salvador has bought 410 bitcoin for $15 million, the country's President Nayib Bukele tweeted Friday.
"Some guys are selling really cheap," he wrote, as crypto continued to sell off.
Bitcoin has plummeted over the last week and is down almost 50% from its November record high.
El Salvador purchased 410 bitcoin worth $15 million as the cryptocurrency's price plunged, according to the country's president Nayib Bukele. "El Salvador just bought 410 bitcoin for...
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