El Salvador became the first country in the world to adopt Bitcoin as legal tender, and it has achieved remarkable success in its cryptocurrency experiment. President Nayib Bukele, a strong supporter of Bitcoin, revealed the profits the country has made through the strategy of buying one Bitcoin per day.
Bukele shared on social media a picture showing that El Salvador's Bitcoin wallet has unrealized profits of $357 million, after investing $287 million. El Salvador continued to buy Bitcoin even after signing a financing agreement with the International Monetary Fund, which conditioned the public sector from purchasing Bitcoin as a requirement for obtaining a $1.4 billion loan.
