El Salvador is not bottom fishing; it is attending the "$BTC National Level Investment in Bitcoin" class!
Don't think that buying 7 bitcoins this week is insignificant; the truly ruthless ones often act the most quietly.
El Salvador, the world's first sovereign nation to embrace Bitcoin, is using action to tell the world:
Bitcoin is not speculation; it is a national strategy.
The latest data shows:
In the past 7 days, they quietly bought 7 more bitcoins, bringing the total held by the treasury to 6,199.18 BTC, with a total market value of up to $651 million, directly anchoring it as the world's most "currency-based" country.
Here comes the key point:
They did not FOMO when the price rose; they bought steadily from $30,000, $50,000, $70,000 all the way to $100,000, and they are still continuing their regular investment.
This is not an emotional impulse but a well-considered long-term layout, treating Bitcoin as a national reserve asset to allocate.
Some laugh at them for going All In, but their average cost is less than $50,000, and they have already doubled their profits on paper.
Do you say they are gamblers?
I would rather say: This is a small country quietly exchanging Bitcoin for future fiscal sovereignty.