Nayib Bukele – the 40-year-old young president of El Salvador (a country in Central America) is famous for regularly buying Bitcoin, especially during each price drop of this cryptocurrency.
12 hours ago, Nayib Bukele spent $15.3 million to buy 500 Bitcoins at $30,744.
Currently, the price of this coin has increased to $31,031.35, meaning the amount invested by Nayib Bukele has increased to $15,515,675.
— H.E. Justin Sun 🅣🌞🇬🇩 (@justinsuntron) May 10, 2022
To celebrate, he tweeted that “I could sell this coins right now and make almost a million dollars in just 11 hours, but of course not”.
Previously, the president of El Salvador bought Bitcoin at $50,000 in September 2021 and continued to buy more even when Bitcoin peaked at $69,000 in November 2021. This makes El Salvador to became one of the largest bitcoin storage countries in the world.