The President of El Salvador announces that his country has made profits exceeding 386 million dollars from Bitcoin investment
President Nayib Bukele shared a screenshot via his official account on platform X showing the performance of El Salvador's Bitcoin investment portfolio, which has surpassed 677 million dollars, compared to an initial investment of only 291 million dollars.
Unrealized profits have reached over 386 million dollars, representing a profit margin of 132.35%, coinciding with Bitcoin's price reaching a historic level of 111,455 dollars.
Bukele sarcastically stated:
"They said don’t take screenshots, just take profits."
It is worth mentioning that El Salvador was the first country in the world to adopt Bitcoin as legal tender in 2021, and since then has continued to buy the currency, reaching its current holdings of over 6181 Bitcoins.
