El Salvador Buys the Dip, Adds 5 More Bitcoin as Price Hits $83K

Description

El Salvador has expanded its Bitcoin holdings once again, purchasing five additional BTC amid a market dip that saw the asset fall to $83,000. The acquisition, worth approximately $415,000, brings the country’s total Bitcoin reserves to 6,100 BTC, currently valued at around $510 million, according to data from Arkham Intelligence . Despite ongoing scrutiny from international financial institutions, El Salvador has maintained its commitment to Bitcoin, following a strategy of acquiring one BTC pe...