El Salvador buys the bitcoin dip and snaps up 500 tokens in its largest purchase ever
El Salvador's government bought 500 bitcoins on Monday for an average price of $30,744. It marks the largest single purchase by the country, which now holds 2,301 tokens.
El Salvador's government added another 500 bitcoin to its stockpile on Monday, marking its largest purchase yet of the cryptocurrency amid the broad market rout. Bitcoin bull and millennial President Naybib Bukele announced the expansion of the government's bitcoin coffers in a tweet Monday:"El Salvador just bought the dip!"
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