Cryptocurrencies

El Salvador ‘Buys the Dip’ and Acquires Another 420 Bitcoins

Photographer: Cristina Baussan/Bloomberg
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El Salvador bought another 420 Bitcoins to take advantage of its recent price drop, President Nayib Bukele said in a post on Twitter.

The country has bought a total of 1,100 of the coins since Bukele announced the first purchases on Sept. 6.