El Salvador's Bitcoin portfolio swings to profit
The country's Bitcoin investment has returned to profit after a devastating crypto winter.
According to a Dec. 4 post by El Salvador's President Nayib Bukele, the country's cumulative Bitcoin investments currently amount to $131 million with a net profit of $3.6 million, for a total gain of 2.84%.
"Of course, we have no intention of selling; that has never been our objective," said Bukele.
El Salvador's #Bitcoin investments are in the black!
After literally thousands of articles and hit pieces that ridiculed our supposed losses, all of which were calculated based on #Bitcoin’s market price at the time...